BTC Head and Shoulders Pattern - 30k Target

6 thg 5, 2021

Seeing definate exhaustion in the trend here, marginally higher highs with more aggressive sell offs each time, had our first lower low put in on the daily now, expecting a dead cat bounce forming the right shoulder. Way too much hype in this space right now and we need a cleanse before upside continuation. See you at 30k ladies and gents

13 thg 5, 2021

Ghi chú

Right shoulder forming nicely, temporary bounce off neckline. I am expecting a big bounce around 39k, and tbh that could be the end and target will underperform, too early to tell, it depends how fast things are moving as i expect june to close green for bitcoin.

19 thg 5, 2021

Ghi chú

Target hit.

21 thg 5, 2021

Ghi chú

Bounce happened too fast, looking for the wick to be filled, 32k target