Hello trading view community, should you like this analysis please support with like and comments, thanks.
I think that BTC is forming a reverse Head and Shoulders pattern, which is a very strong sign for bullish market.
it is true that the right shoulder is not completed yet, but the rest almost is done.
there is another good sign for bullish days, which may occure during days ahead, because BTC strongly broke out the cluster of levels on $39500 - $40k resistance zone. should it not to turn into false break out, it may be a strong signal to go long.
Please take your time and DYOR.
This is personal idea and I am not a financial adviser.
I think that BTC is forming a reverse Head and Shoulders pattern, which is a very strong sign for bullish market.
it is true that the right shoulder is not completed yet, but the rest almost is done.
there is another good sign for bullish days, which may occure during days ahead, because BTC strongly broke out the cluster of levels on $39500 - $40k resistance zone. should it not to turn into false break out, it may be a strong signal to go long.
Please take your time and DYOR.
This is personal idea and I am not a financial adviser.
