Bitcoin is breaking the pattern down

11 thg 5, 2023

Bitcoin is breaking out of the Head Shoulder Down pattern, this is a reversal pattern that could take us up to 25.3k. For now, I don't believe in a trend reversal for the medium and long term, just a correction to continue rising.

The next supports are:
26,000
25,300
23,750

With that I sold part of my btcs and eth, leaving only 33% in crypto.
Sale prices:

BTC:
27,233 (volume: 16%)
27,050 (volume: 16%)

ETH:
1,806 (volume: 16%)
1,818 (volume: 16%)

15 thg 5, 2023

Ghi chú

As I imagined Bitcoin made a false breakout, what we can call a Bear Trap, the price has already returned to 27,500.

With the previously mentioned re-entry stop set at 27,000, I entered back with 33% in btc at 27,000, the rest I will wait for a few more closings to return to 100% crypto.