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Btc to 38000, Inverted Head and Shoulders pattern

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The Inverted Head and Shoulders pattern is a reversal pattern that typically signals a change in trend from a bullish (uptrend) to a bearish (downtrend). In this pattern, the right shoulder is larger than the head, which can be due to changes in supply and demand dynamics, such as a sudden increase in selling pressure( Mt. Gox distribution and sales by the German government.)
Nota
Yesterday, Bitcoin (BTC) surged to $69,300, but this does not invalidate the idea. The idea becomes invalid only if the daily candle closes above $71,000. At that point, we can consider buying again in the $71,000-$74,000 range. we miss like 5% increase .

In my opinion , 5% increase is not worth the risk of buying at $68,000 and then experiencing a drop to $38,000.

What I think
BTC 38000 - 90%
BTC above 71000 -10%
Nota
Btc 69700
In few hours it shall go below 68200 . This support my idea
Nota
That was so fast.
8 hrs candle closed at 68100 ,
Good
Nota
#Btc 66290
Maybe , there will be small pump ( bull trap ) to 68000 ( maybe )

Target : 38000
Nota
This is disaster
( Coinbase appears to have violated campaign finance laws with a $25 million donation to the Fairshake cryptocurrency super PAC, made while they were in active negotiations for a federal government contract.)
Nota
BTC 64100
Again , Maybe , there will be small pump ( bull trap ) to 68000 ( maybe )

Target : 38000
Nota
BTC 61600
Target: 38000
Nota
BTC 60700
if you shorted BTC . Make sure your liq is above 71000
I do not understand why btc did not retest 68000 level.
Nota
BTC 54000
Be ready for the black swan , the biggest crash
Trade ativo
BTC 38000 this week or next week
Nota
BTC 64300
Good short enrtry.
Liq >= 68000
Trade ativo

BTC #BTC
58162
38000 is the destination

Trade ativo
BTC 54000
#btc 54000

38000 is the destination
mrmrsm89
Head and Shoulders

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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Head and Shoulders
mrmrsm89

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.