BTCUSD

28 feb 2020

Buy zone in green, head and shoulders pattern on daily, strong confluence zone between 7600-8200. there is a gap on the futures chart at 7600 so I suspect we will fill that which coincides with a strong support area, possible reversal here if buyers step in. an activation of the head and shoulders puts us in the confluence zone at 11,100-11,500 for first target, then to 14,000 to retest the old resistance.