Bitcoin: Just an idea to watchout
Hi Everyone,
I hope you all are doing well.
I noticed the formation of the Head and Shoulders pattern on the 1H timeframe. If the Bitcoin price continues to move according to this pattern then it will be bearish and the possible bottom will be around $35,000 - $36,000. I am still looking for another confirmation before opening a short trade.
Happy trading!
Regards,
Usman Perwaiz
I hope you all are doing well.
I noticed the formation of the Head and Shoulders pattern on the 1H timeframe. If the Bitcoin price continues to move according to this pattern then it will be bearish and the possible bottom will be around $35,000 - $36,000. I am still looking for another confirmation before opening a short trade.
Happy trading!
Regards,
Usman Perwaiz
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