💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin did a good job breaking upward its local resistance
-The bullish reversal H&S pattern is confirmed
-We have two potential good scenarios today
-1st to go straight and retest the ATH price level
-Or a pullback to retest previous resistance to become new support
-If we are following the major trend, we will always look for Buying oppurtunity
-In this case, priority is back to the bulls
-Unless we break below the 200MA in the 4H time frame
-Then, we will look for the bearish scenarios
-The Altcoins space are doing great these past few days
-And I think they will perform well in terms of the reward to reward ratio
-But please, don't forget to use a stop loss and protect your profit ASAP
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BTC/USDT
-Bitcoin did a good job breaking upward its local resistance
-The bullish reversal H&S pattern is confirmed
-We have two potential good scenarios today
-1st to go straight and retest the ATH price level
-Or a pullback to retest previous resistance to become new support
-If we are following the major trend, we will always look for Buying oppurtunity
-In this case, priority is back to the bulls
-Unless we break below the 200MA in the 4H time frame
-Then, we will look for the bearish scenarios
-The Altcoins space are doing great these past few days
-And I think they will perform well in terms of the reward to reward ratio
-But please, don't forget to use a stop loss and protect your profit ASAP
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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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.
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.