Bitcoin
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After completing the clear 5 wave , now its a lower high ..
Long term view is still bullish but it has to follow the DOW THEORY .
Till that time , lets play the 3rd of C down side for brief correction it may be 3-3-5 . Beautiful classic Head And Shoulder .
No jump short entry it may become a triangle also, MACD is near zero line ..possible 4th , wait for either side .
Bullish again if it break the Trendline above .
Not an investment advice, only for study purpose.
Long term view is still bullish but it has to follow the DOW THEORY .
Till that time , lets play the 3rd of C down side for brief correction it may be 3-3-5 . Beautiful classic Head And Shoulder .
No jump short entry it may become a triangle also, MACD is near zero line ..possible 4th , wait for either side .
Bullish again if it break the Trendline above .
Not an investment advice, only for study purpose.
Trade attivo
Now its a failed Head and Shoulder with prominent shake out . Trendline Breakout and volume confirmation. a correction in lower time frame and when it align with higher time frame is my next entry .
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