#Bitcoin has shown a due drop in PA today
According to my thoughts it is completing its iHS's right shoulder,
I have provided few solid reasons that might work out
1. The red parallel channel acting as recently formed mini iHS neckline that should be tested as to confirm support around 3500-3600
2. The black trendline has been tested thrice as resistance and then finally broken upward
3. The black trendline has been tested twice as support and might be tested third time to complete decline of mega iHS's right shoulder around 3500-3600
4. The red parallel channel and black trendline providing confluence of supports around 3500-3600
5. The blue parallel channel is acting as mega iHS neckline
6. I am continuously following this mega iHS pattern since 12th Dec: that you can check in my Facebook Profile HERE.
7. The black question mark is left for future PA whether we will bounce or not.
Thanks
According to my thoughts it is completing its iHS's right shoulder,
I have provided few solid reasons that might work out
1. The red parallel channel acting as recently formed mini iHS neckline that should be tested as to confirm support around 3500-3600
2. The black trendline has been tested thrice as resistance and then finally broken upward
3. The black trendline has been tested twice as support and might be tested third time to complete decline of mega iHS's right shoulder around 3500-3600
4. The red parallel channel and black trendline providing confluence of supports around 3500-3600
5. The blue parallel channel is acting as mega iHS neckline
6. I am continuously following this mega iHS pattern since 12th Dec: that you can check in my Facebook Profile HERE.
7. The black question mark is left for future PA whether we will bounce or not.
Thanks
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.