BTC still bearish
Hello together,
very fast and quick update. Okay, BTC always suprises. The last hour presented us a very fast kick upwards. But, be careful. It is, in my opin6ion, a retest of the Major neckline. See the Chart. I am sorrry, because my last TA showed a too deep neckline, so that this drop was there not predicted. As you can see in this Chart, the retest fits perfectly into the big H & S pattern. Blue line : retest area.
As always, no trading advice, just educational.
Trade on your own risk and trade safe.
Yours Sascha
A Like and Follow makes me happy
very fast and quick update. Okay, BTC always suprises. The last hour presented us a very fast kick upwards. But, be careful. It is, in my opin6ion, a retest of the Major neckline. See the Chart. I am sorrry, because my last TA showed a too deep neckline, so that this drop was there not predicted. As you can see in this Chart, the retest fits perfectly into the big H & S pattern. Blue line : retest area.
As always, no trading advice, just educational.
Trade on your own risk and trade safe.
Yours Sascha
A Like and Follow makes me happy
Note
Last update for the next hours.The next stop and retest will start at around 6950. End target around 4800.
Whish all good tradings.
As always, no trading advice, just educational.
Best for you all ,
Sascha
Note
As I predicted..... best whishes, sascha
Note
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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.