MCassICT

BTC Bullish but Cautious!

COINBASE:BTCUSD   Bitcoin
BTC has had a good run over the last week and I think everyone is quite aware of the large inverse head & shoulders that has been forming over the last couple of months. We are hitting heavy resistance at the 11600 and I would also like to point out the rising wedge leading to that resistance. Be aware of that and be ready for a possible drawback to 10250-10300 over the next couple days. If you are going to make a play on the inverse head and shoulders, I would wait to confirm the breakout first.

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.