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$BTC Head and Shoulders

121
BTC setup through end of 2023.

Assuming another fake beyond the 200 week, this is setting up a classic head and shoulders w/ a baseline of $25,177.

I've included several levels of potential support upon a break down.

Each constitute a reasonable range to DCA.

So here is my plan...

I don't want to trade this current setup. I had two shorts that locked for moderate profits (one stopped out below entry.)

I will shoot for some shorts upon a breakdown (w/ tight stops of course in case of a bear trap). But I believe macro favors big downside.

Each level I've noted is a take profit for these trades and a spot to buy more OTC 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.