BTCUSD closer shot
A closer shot from the previous idea.
A good touch on the neckline from the h&s pattern.
If btc breaks that neckline, up higher there is a strong resistance trendline around the $50000 depending where the candle is on that moment.
After that there is a good change BTC will go down again (maybe a dead cat bounce?)
For the moment we can see a hidden bearish divergence. LH in the chart (red arrow) and HH in the RSI (bleu arrow)
Thinking the bull run is not over yet, meaning to suck as much as possible money in to the system, that's the time that the big boys are unloading the baggs
Time will tell maybe i'm completely wrong
My end target is still around $10555 (that will take time)
A good touch on the neckline from the h&s pattern.
If btc breaks that neckline, up higher there is a strong resistance trendline around the $50000 depending where the candle is on that moment.
After that there is a good change BTC will go down again (maybe a dead cat bounce?)
For the moment we can see a hidden bearish divergence. LH in the chart (red arrow) and HH in the RSI (bleu arrow)
Thinking the bull run is not over yet, meaning to suck as much as possible money in to the system, that's the time that the big boys are unloading the baggs
Time will tell maybe i'm completely wrong
My end target is still around $10555 (that will take time)
Aviso legal
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