Chart pattern Analysis of Bitcoin

30 giu 2023

If the price break out a potential Head-shoulder bottom pattern's neck line,
it will be a good opportunity to buy after the price retest the neck line.

1 lug 2023

Trade chiuso: stop raggiunto

The price failed to break out a short term down trend line.
That's a weakness signal of demand.
No need to add more long position.
My tentative long position stopped by the sharp price shock.
The price fall back into a balance point of a box.
The supply pressure here increased.
I will wait for more signals.