I think that my previous post looks pessimistic, while I'm actually not.
We have way more on the bullish side than on the bearish. BTC painting Inverse H&S that I mentioned here tradingview.com/chart/BTCUSD/YtgktzNv-BTC-UPDATE-Bottom-confirmed/.
The neckline right under the strong resistance line and breaking it not going to be easy. BUT! If we will break MA200 at 8500, we likely will see a very strong FOMO that may bring us to the target between 11800 and 13100(avg ~12450).
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
We have way more on the bullish side than on the bearish. BTC painting Inverse H&S that I mentioned here tradingview.com/chart/BTCUSD/YtgktzNv-BTC-UPDATE-Bottom-confirmed/.
The neckline right under the strong resistance line and breaking it not going to be easy. BUT! If we will break MA200 at 8500, we likely will see a very strong FOMO that may bring us to the target between 11800 and 13100(avg ~12450).
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
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