Bitcoin
Short

Maybe a slow dip into an H&S throughout August?

Von TheRealVSky
Aktualisiert

if Bitcoin 0.55% fails 8500 today, a dip under $8200 could dip into the right should of a H&S short/long opportunity throughout the month of August - with so many H&S and Inverse H&S confirming recently, why not another? Bots run cycles until the cycles are no longer profitable
Kommentar
If it plays out, it could play into an even larger Inverse Head & Shoulders that started playing out the beginning of March 2018 and could culminate into October 2018

Snapshot
Kommentar
Snapshot
Kommentar
It feels to me that trade bots are really trying to complete this H&S (continuation). If Bitcoin loses support at 6k, $5800 test will complete the H&S. If H&S is completed, we might expect the pullback to equal the height of the pump from $5800 to $8500 (+$2700). That's a $3500 target from current $6200 range. Be prepared.

Snapshot
Kommentar
Snapshot
Bitcoin (Cryptocurrency)bitcoinforecastChart PatternsibuylowerTechnical IndicatorsistacksatoshisshortsetupTrend Analysisvsky

Haftungsausschluss