$BTC head + shoulders + falling wedge--1hr/4hr/daily $SMST $MSTR
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Bitcoin has been in a downward falling wedge on the 4-hr since Jan 6th when it went back to $102,735. Besides a push back up today after falling below 90k, BTC has been showing more and more weakness as we approach inauguration day this Friday.
Beyond the falling wedge; a head and shoulders pattern has formed at the 1hr/4hr/daily timeframes. The price targets on the downside are $80,800 and $74,125. After that, a drop to $69,000 is not out of the question before we can try heading back up.
I think this will see MSTR drop to $150 or below (possibly even closer to $100-120.
I am buying SMST shares in large quantities every time BTC pumps. Anything $5.50 and below is an easy buy in my opinion.
When MSTR drops by $200-225, SMST will approach the $18-20 range!
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.
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.