BTCUSD : Went down again and ...
On the left side day chart.
The price test the highest point (51957.0) after rebound and we got a gravestone doji.
We got higher low at the mark .
Long :
Wait for retest the up trend or break out the raising triangle.
Short:
Wait for breakout the up trend .
On the the 1H chart .
It hit the TP of double top and rebound .
But it have not stand firm on the neckline .
The H&S pattern and double top have the same neckline .
Long:
Wait for stand firm on the neckline.
Short :
If the price can not stand firm on the neckline and TP2: 48350.5
TP3: 48026.5
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
The price test the highest point (51957.0) after rebound and we got a gravestone doji.
We got higher low at the mark .
Long :
Wait for retest the up trend or break out the raising triangle.
Short:
Wait for breakout the up trend .
On the the 1H chart .
It hit the TP of double top and rebound .
But it have not stand firm on the neckline .
The H&S pattern and double top have the same neckline .
Long:
Wait for stand firm on the neckline.
Short :
If the price can not stand firm on the neckline and TP2: 48350.5
TP3: 48026.5
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
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