Head and shoulder reversal pattern forming on BTC USDT 4h?

Hello guys, here is my frst analysis attempt, thanks for your feedback, what do you think?
On the BTC USDT 4h we can extrapolate the possible formation of a head and shoulder pattern, confirming the reversal trend. The lower part of the right shoulder meets strong resistance through the EMA 50, 0,236 retracement, the lower line of the uptrend channel and the horizontal support at 10.500 which fought heavily on the way down before giving up, and which is being tested for the second time in the recent days.
If we draw an Elliot wave on the 4H (not on the drawing cause too messy), we can also imagine the C part of te consolidation wave forming the right shoulder. Don't know up tp where though... To be assessed when and if we get there!
If that doesn't hold, then I am placing a stop loss just below the 50EMA and 0,238 retracement, at around 10300...

評論: Here the possible Elliot wave playing with the resistance...
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出