In my previous Bitcoin analysis we saw price form a head and shoulder pattern on the daily TF which gave us good short opportunities. I also was looking at price going down as low as $37k provided it broke the current demand zone. So as you can see currently price has broken the shoulder line of the Head & shoulder pattern but has failed to break the Current demand zone 3 times if you look on the 1HR TF. We also see price forming a double bottom reversal pattern as a bullish tweezers candlestick pattern on the 1HR TF.
I currently have a long position at the 50% of the bullish tweezers. I am taking a risk on this trade based on my analysis. What do you think? Could this be the bottom or is $37k a better bottom?
I currently have a long position at the 50% of the bullish tweezers. I am taking a risk on this trade based on my analysis. What do you think? Could this be the bottom or is $37k a better bottom?
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。