Bitcoin
Long

Bitcoin Head & Shoulder Pattern Target first $40k and after $52k

1 092
#Bitcoin H&S Pattern Update:-

BTCUSD Trading at $42800
As I Aware you about $45000 support.
Now broke and Trading below Support level.

Now Chart Forming Head & Shoulder Pattern.

Left Shoulder = ✅
Head = Still waiting to test $40500
Neck Line Support
Right Shoulder = It can go high till $52000


Now Your Question is What if break $40k support.

If break $40000 support then we can see flash Big dump till $30000

But as per chart I can expect we can see $52000 after hit $40000

I will Update real time if anything changes.

Support:- $40500
Resistance:- $52000/$65500

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.