BTCUSD is in a strong uptrend and formed a small h&s pattern relative to the trend (soon will be complited).
My idea is to wait for more lows to be created near the channel bottom and buy after a false break down near the 6800 zone, hopefully price will rise to the 8000 zone.
Everything is marked on the chart.
Best of luck :-)
My idea is to wait for more lows to be created near the channel bottom and buy after a false break down near the 6800 zone, hopefully price will rise to the 8000 zone.
Everything is marked on the chart.
Best of luck :-)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.