JBlack99

BTC Inverse Head and Shoulders broken?

ロング
BINANCE:BTCUSDT   Bitcoin / TetherUS


Looks like the neckline of an inverse head and shoulders has broken on the 4H chart passing the lowest point (neckline) of the formation.

The target when head and shoulders breaks is the distance between the head and the low of the formation (measured using the yellow bars) added to the neckline (pasted the yellow bars on top).

That puts the target just below $50k.

For a more conservative approach consider taking a profit or partial profit below the 200 EMA (blue line) where some resistance might be met.

Whats not to like? 1) I trust these more on 1 day charts than 4H charts 2) tweets ignore patterns 3) Head and shoulders doesn't always play out.
免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。