(i) BTC already in a strong uptrend
(ii) The shortfall has ended at 47950 support with an amazing bounce back
(iii) Now it's raising and going to his next resistance at $64200 <<<>>>>
Good afternoon, it has been years since I last made a post here because I got out of the Crypto market awhile ago and I wish I never left. Now I find myself wanting to get my hands dirty and look for new entries into the market.
I am forced to use Coinbase as my state has strict laws on what exchanges can be used and I prefer to use USD transactions to make tax...
Trading suggestion:
Buy At: $37340
Take Profits:
TP1= $38260
TP2= $39620
TP3= $40660
SL= $36660
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Supports and resistances shown on chart. This is a very short trade with less target.
This is not an advice, it is just an idea. Kindly do your own research then trade. Thank you.
This is that there was a success full end of head and shoulder.
Here is 0-5 is what happens after head and shoulder, the time decided here is not calculated it assumed. But this what BTC will do next.
$BTC
For Short in BTC there is link mentioned bellow.
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
As previously charted, Bitcoin corrected to low 40s (43k) and is on its way to $70000 from a C&H breakout on daily which is pending confirmation by close today
A test of the Fib Extension at $74000 for resistance is expected from this breakout
