Hi everyone,
Wish y'all have a profitable life.
📍 As you can see there is a huge head and shoulders pattern in BLX (The oldest chart of bitcoin available).
📍 Along with the BLX chart we have a regression channel; the middle of the this channel is moving with the price and the more price stays in between the 30-32k price and does not fall the more the middle comes with the price.
📍 First TP is 26k and I am not sure personally if it is going to touch the middle or not, but I can see my confirmation in head and shoulders pattern.
⚠️ If this head and shoulders pattern is activated we have a really bad news for bull and the price may also fall and even see the 12k level, but if the price fails the head and shoulders pattern it can be a really good news for bull especially in mid-term.
📌 As yesterday Elon Musk just talked about Bitcoin and other crypto-currencies it could really be a mid-term positive sign for Bitcoin.
What you guys think about the mid-term ranges in Bitcoin and other crypto-currencies, please let me know.
THIS IS NOT A FINANCIAL ADVICE
ASK ME WHENEVER YOU HAVE GOT ANY QUESTIONS AND/OR PROBLEMS
Wish y'all have a profitable life.
📍 As you can see there is a huge head and shoulders pattern in BLX (The oldest chart of bitcoin available).
📍 Along with the BLX chart we have a regression channel; the middle of the this channel is moving with the price and the more price stays in between the 30-32k price and does not fall the more the middle comes with the price.
📍 First TP is 26k and I am not sure personally if it is going to touch the middle or not, but I can see my confirmation in head and shoulders pattern.
⚠️ If this head and shoulders pattern is activated we have a really bad news for bull and the price may also fall and even see the 12k level, but if the price fails the head and shoulders pattern it can be a really good news for bull especially in mid-term.
📌 As yesterday Elon Musk just talked about Bitcoin and other crypto-currencies it could really be a mid-term positive sign for Bitcoin.
What you guys think about the mid-term ranges in Bitcoin and other crypto-currencies, please let me know.
THIS IS NOT A FINANCIAL ADVICE
ASK ME WHENEVER YOU HAVE GOT ANY QUESTIONS AND/OR PROBLEMS
Emir iptal
The H & S Failed. Which happens a lot in BTC
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.