BitcoinLong
BTCUSD Inverse Head and Shoulders breaking the Falling Wegde.
Bitcoin crossed today over the Falling Resistance / top of the Falling Wedge pattern.
This will turn into a buy breakout signal if it closes a (4h) candle over it. The MA50 (4h) has already turned into Support.
This Support is holding the Right Shoulder of an emerging Inverse Head and Shoulders pattern, which is a bullish bottom formation.
This can be the transition from the bearish (Falling Wedge) to the bullish (Inverse Head and Shoulders) trend.
Trading Plan:
1. Buy if a (4h) candle closes above the Falling Resistance.
Targets:
1. 27900 (Fibonacci 2.0 extension, standard Inverse Head and Shoulders target).
Tips:
1. The MA50 (4h) can cross above the MA200 (4h) inside the next 2-3 days. That is the well known Golden Cross formation, a powerful bullish pattern.
Please like, follow and comment!!
Notes:
Past trading plan:
This will turn into a buy breakout signal if it closes a (4h) candle over it. The MA50 (4h) has already turned into Support.
This Support is holding the Right Shoulder of an emerging Inverse Head and Shoulders pattern, which is a bullish bottom formation.
This can be the transition from the bearish (Falling Wedge) to the bullish (Inverse Head and Shoulders) trend.
Trading Plan:
1. Buy if a (4h) candle closes above the Falling Resistance.
Targets:
1. 27900 (Fibonacci 2.0 extension, standard Inverse Head and Shoulders target).
Tips:
1. The MA50 (4h) can cross above the MA200 (4h) inside the next 2-3 days. That is the well known Golden Cross formation, a powerful bullish pattern.
Please like, follow and comment!!
Notes:
Past trading plan:
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.