I think this could be a possible pattern for BTC from now until year-end. I know there are some people who think BTC is going down, but I think BTC already has proven to have a strong support at around $29.3k. We have a possible head and shoulders pattern completing shortly here as the measured move was precisely at around $29k which was tested and backtested several times. Very technical trading here, and BTC very responsive to supports and resistances. I also see that black dotted trend line which seems to be relevant, so I decided to use is a potential support/resistance for the coming waves which may be at play next. Lastly, I am not too sure about the last move to point E, which may end up playing inside a wedge that may end up failing but we will see. Remember that no one has the crystal ball and this is just a theory. Do your own due diligence. No financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.