BITCOIN: Hope we see this pattern in short
3 days ago I wrote about the necessity of a deeper correction of the market and, in particular of BITCOIN, in order to see a promising reversal pattern.
So I exposed the following "roadmap" as a path to confirm the reversal:
- For the time being, I have had to adjust a little bit "neckline" of the Inverted Head and Shoulders Pattern, setting it in a more horizontal manner.
- So, now, instead of being at 6630 $, the "neckline" is 6700 $ (peanuts :-)) , but actually the pattern is still being built according to the plan.
- The bottom of the "inverted Right Shoulder" should be close to the 6200 USD, and we are really very close but still we have to see a movement downwards
If finally, the pattern is completed we have many possibilities to confirm the reversal trend, with a first target of 7600 USD.
Enjoy Cryptoland!!!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Posted at TIMM
I am curious to see if your prediction are right. I like reading your crypto posts and I usually compare them to the effective market.
Let’s see if I’m lucky then 😜
Hi,
Looking forward to a bullish run.
Get Ready for the take off
@toofasteddie Yes, everything happens in this crypto world. Do you think bitcoin bullrun come soon and will touch 20k in year end?
Yes, certainly believe so...
@toofasteddie, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!
@toofasteddie, I do not understand anything written