Bitcoin
Short
Aktualisiert

Bitcoin head & shoulders reversal - target level ~$5.8k

1 552
BTC/USD is showing a potential head & shoulders reversal pattern here. bearish confirmation & target are labeled on the chart, as well as bullish confirmation (IMO the bearish projection here is more likely statistically). bullish confirmation would likely bring it to at least $20k.

I might add a bigger write-up later if I have time, currently busy with my family. but I will quickly say that this situation and chart is eerily similar to the crash we had pre-Segwit1x fork.

trade at your own risk.
Anmerkung
Snapshot
more and more it's looking like the bearish scenario is being confirmed
Anmerkung
Snapshot
about to retest the neckline in the short-term
Anmerkung
Snapshot
strong rejection of the upside of the channel here
still looking bearish to me; target remains unchanged
Anmerkung
at this point it looks to me like there will be bullish confirmation soon
Order storniert
pattern invalidated. next stop $25k?
Trade ist aktiv
it looks like my first chart (this chart) will actually be the correct path now.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.