Bitcoin Drop Could Be Incoming (Head and Shoulders Pattern)

31 Des 2021Bitcoin is currently forming a Head and Shoulders pattern on the daily chart. If this breaks out, the target would be around the $16,000 area. This was also support on the previous run up which shows similarities to the 20k bitcoin drop where 3.2k was support which was previously resistance on that run up as well. This in conjunction with lower volume means the breakout would be explosive in nature.

Good Luck on your Trades!
-Robbby

21 Jan 2022

Komentar

Head and Shoulders is acting as expected as we seen a return to breakout pointed out by the arrow on the chart. Target remains the same at the $16,000 area. Next area of support for bitcoin is between $32,000-34,000.

Good Luck on your Trades!
-Robbby

14 Jun 2022

Komentar

Almost at target good job to all that entered trade

21 Jun 2022

Trading ditutup: target tercapai