Is BULL market coming? H&S pattern confirms✅
Friends, push the rocket🚀 if you already buy BTC or alts and hodl it! In this idea i will explain how the most common pattern in trading work and how to trade it to not miss the PUMP and make a profit!
I marked 2 HEAD and SHOULDERS patterns on the chart and you can see how it`s work on BTC. Now we see the reversal H&S pattern which is also works good at crypto especially after the biggest liquidations of the long traders.
BTC leave the biggest $30-67k consolidation channel and force a lot of traders to sell trair crypto at loss or got liquidated. So our expectation confirms✅ and we will be able to see and trade the pumps of BTC inside the H&S pattern.
📊How not to miss the pump and trade this pattern? I marked the trendlines on the chart which you can use to open your trades. Actually, this is my the most profitable and simple strategy which my students learn. You need 3 confirmations to trade trendline breakout:
🔥 trap before the breakout. This give the additional power fot growth or fall(if u short crypto) because a lot of traders will push the price trying to cover their losses after being trapped.
🔥 volume growth. The volume growth confirms that the big players buy or sell (if u short) a lot of crypto and you at the right side.
🔥 squeezing or consolidation close to a trendline how it shows at the chart.
🚩These 3 "ingridients" could make for you a good profit during the clear trend of BTC and ALTS during altseasons. Use it!
🔥 Traders, will we see the 30k per BTC till the end of the August? Write your thoughts in the comment!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
I marked 2 HEAD and SHOULDERS patterns on the chart and you can see how it`s work on BTC. Now we see the reversal H&S pattern which is also works good at crypto especially after the biggest liquidations of the long traders.
BTC leave the biggest $30-67k consolidation channel and force a lot of traders to sell trair crypto at loss or got liquidated. So our expectation confirms✅ and we will be able to see and trade the pumps of BTC inside the H&S pattern.
📊How not to miss the pump and trade this pattern? I marked the trendlines on the chart which you can use to open your trades. Actually, this is my the most profitable and simple strategy which my students learn. You need 3 confirmations to trade trendline breakout:
🔥 trap before the breakout. This give the additional power fot growth or fall(if u short crypto) because a lot of traders will push the price trying to cover their losses after being trapped.
🔥 volume growth. The volume growth confirms that the big players buy or sell (if u short) a lot of crypto and you at the right side.
🔥 squeezing or consolidation close to a trendline how it shows at the chart.
🚩These 3 "ingridients" could make for you a good profit during the clear trend of BTC and ALTS during altseasons. Use it!
🔥 Traders, will we see the 30k per BTC till the end of the August? Write your thoughts in the comment!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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