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
Connect with me on Twitter @usmanperwaiiz
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.
Connect with me on Twitter @usmanperwaiiz
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.