BTCUSDT Giant H&S on weekly chart , where is the GOAL?
Hello Trading View Community
it's obvious on the weekly chart that btc created another giant H&S
every pro can figure out the target is middle of 30 k but i got a couple of reasons that
make me believe Btc won't pass 38k
1 - right shoulder is smaller than left shoulder (usually in this situation Right shoulder loss is less)
2- the gap between support & resistance is visibly declining !!!
therefore i think btc will bounce back from 40k or 30k (at worse case)
NOT A COMMERCIAL ADVICE
NOTING IS CERTAIN IN TRADING
here we just share our thoughts & possibilities
it's obvious on the weekly chart that btc created another giant H&S
every pro can figure out the target is middle of 30 k but i got a couple of reasons that
make me believe Btc won't pass 38k
1 - right shoulder is smaller than left shoulder (usually in this situation Right shoulder loss is less)
2- the gap between support & resistance is visibly declining !!!
therefore i think btc will bounce back from 40k or 30k (at worse case)
NOT A COMMERCIAL ADVICE
NOTING IS CERTAIN IN TRADING
here we just share our thoughts & possibilities
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