#Bitcoin Exclusive H&S Update:-
-
BTC currently trading at $42000 Level
- I am still bullish above $40000
- Because H&S Pattern Neck Line support is $40000
- After Breakout $51000 Resistance now Retest level broke down $45000
- If BITCOIN breaks $45000 resistance then Again entered in the Bull zone.
- As per the chart Left Shoulder Has been completed and now Waiting to fill the Right Shoulder.
- If This Pattern works then the Right Shoulder Target will be $51000-$52000
- Break Below $40000 level, I will bearish Toward $30k level.
- Let’s see what happened first
+30% or -27%
- Still Bullish engulfing Candle in the 3D chart.
- Bullish Engulfing Pattern Stop Loss is $39650
- Super Trend also Sell signal but As per the last Fractal when Right Shoulder Formed that time also Super-trend was bearish.
- Now if the same Happens then $51000-$52000 target within 36 days.
- If Stop Loss hit means Opposite Signal Activated.
Support:- $40000/$29000
Resistance:- $51132/$64300
-
BTC currently trading at $42000 Level- I am still bullish above $40000
- Because H&S Pattern Neck Line support is $40000
- After Breakout $51000 Resistance now Retest level broke down $45000
- If BITCOIN breaks $45000 resistance then Again entered in the Bull zone.
- As per the chart Left Shoulder Has been completed and now Waiting to fill the Right Shoulder.
- If This Pattern works then the Right Shoulder Target will be $51000-$52000
- Break Below $40000 level, I will bearish Toward $30k level.
- Let’s see what happened first
+30% or -27%
- Still Bullish engulfing Candle in the 3D chart.
- Bullish Engulfing Pattern Stop Loss is $39650
- Super Trend also Sell signal but As per the last Fractal when Right Shoulder Formed that time also Super-trend was bearish.
- Now if the same Happens then $51000-$52000 target within 36 days.
- If Stop Loss hit means Opposite Signal Activated.
Support:- $40000/$29000
Resistance:- $51132/$64300
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
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.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
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.