BTC followed my AB=CD idea and now create inverse H&S 👇
Hello traders 🐺 .
if you remember I was published an idea about BTC and predicted the bottom for the BTC price something around 30K and BTC exactly followed my idea and even started to reverse into the bullish mode from 33K , so don't miss my ideas and make sure you follow me and check my new ideas to take advantage of them if you like it 🙏 .
let's look at the chart :
in the chart above you can see that , BTC breaked the falling wedge pattern and now we are in the road to the AB=CD pattern target something around 70k ;it's seems unbelievable 🤯 but I think it's not out of mind and the probability of touching all time high price again is quite high .
in the other side we have a very beautiful inverse H&S pattern and you can also count the daily resistance structure ( blue box ) as a H&S neck line and wait for the break out from it and then enter to the long position or add into your current long position , if you followed my previous idea and opened a long position at 33k .( you can find it in the Related link down below this idea 👇 )
but what's about the target of this inverse H&S pattern ?
if I use the Fibonacci tools for find the best target for this pattern , you can see that around 0.786 we have 4 points of the confluence :
1_ 0.786 Fibonacci level
2_ daily resistance structure
3_ technical target of the inverse H&S pattern
4_ you can also count the target of the falling wedge around 0.786 because in that area we have a great and powerful resistance area
Thank you guys for reading my idea , also don't forget to like my ideas and follow me for more support🙏 .
if you remember I was published an idea about BTC and predicted the bottom for the BTC price something around 30K and BTC exactly followed my idea and even started to reverse into the bullish mode from 33K , so don't miss my ideas and make sure you follow me and check my new ideas to take advantage of them if you like it 🙏 .
let's look at the chart :
in the chart above you can see that , BTC breaked the falling wedge pattern and now we are in the road to the AB=CD pattern target something around 70k ;it's seems unbelievable 🤯 but I think it's not out of mind and the probability of touching all time high price again is quite high .
in the other side we have a very beautiful inverse H&S pattern and you can also count the daily resistance structure ( blue box ) as a H&S neck line and wait for the break out from it and then enter to the long position or add into your current long position , if you followed my previous idea and opened a long position at 33k .( you can find it in the Related link down below this idea 👇 )
but what's about the target of this inverse H&S pattern ?
if I use the Fibonacci tools for find the best target for this pattern , you can see that around 0.786 we have 4 points of the confluence :
1_ 0.786 Fibonacci level
2_ daily resistance structure
3_ technical target of the inverse H&S pattern
4_ you can also count the target of the falling wedge around 0.786 because in that area we have a great and powerful resistance area
Thank you guys for reading my idea , also don't forget to like my ideas and follow me for more support🙏 .
