If we don't break through 41k in the next few hours (right now highest is 40950 a few hours ago), we will confirm the giant head and shoulder and feel the pain. According to some data, head and shoulder reversal is correct 83% of the time, so it's not something you want to sleep on.
Note
First Target: 36 700Second Target: 33 500
Third Target (Bottom): 28 000
Trade closed manually
I bought back in after it broke 42k. I was bullish before, but then became slightly bearish. We will go down from such up trend a bit, but safe to say the bullish sentiment is winning.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.