Since April 25, BTC has been moving in a channel creating a big head & shoulders pattern.
On April 30, it entered what became a smaller head & shoulders pattern rising into a symmetrical triangle pattern. This symmetrical triangle is ready to break out. I think there will be a fakeout to the upside weekly pivot point followed by a sharp drop.
In addition to the general bear sentiment, it is the week after new moon which in the majority of cases correlates with big dumps.
NFA
On April 30, it entered what became a smaller head & shoulders pattern rising into a symmetrical triangle pattern. This symmetrical triangle is ready to break out. I think there will be a fakeout to the upside weekly pivot point followed by a sharp drop.
In addition to the general bear sentiment, it is the week after new moon which in the majority of cases correlates with big dumps.
NFA
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。