Here's what you need to know: 
BTCUSDT has broken out of the rising wedge pattern to the downside into a reversal head and shoulders pattern. The target of this pattern is around $8000. We would need to see a close above $9700 to invalidate the H&S. Also note there is a bullish crossover on the MACD with high momentum on the Stoch.
*This is not financial advise, strictly for educational purposes*
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BTCUSDT has broken out of the rising wedge pattern to the downside into a reversal head and shoulders pattern. The target of this pattern is around $8000. We would need to see a close above $9700 to invalidate the H&S. Also note there is a bullish crossover on the MACD with high momentum on the Stoch.*This is not financial advise, strictly for educational purposes*
If you find this helpful, donations are welcomed and greatly appreciated. They go towards creating more quality analysis.
BTC: 3PmwGrKijwEPak6YYRjG42fgtFF2iEYrKt
Not
Looks like we have broken way ahead of my projection. More on support analysis to come.
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.