ðĨBITCOIN LIKELY MOVE - TO DIP TO $20K
As we can see on this chart, a head and shoulder pattern just completed it's formation from $30,000 back to $30,000.
If you take a closer look at this chart, we'll see another head and shoulder pattern starting from $20,000, which may eventually go back to $20,000 IF AND ONLY IF price does not break the resistance at $43,000 upward.
Therefore, if price does not break the resistance at $43,000 upward, then the right shoulder will surely come to hit the neckline at $30,000.
If price now break the $30,000 neckline downward, then $20,000 is the targetðŊ
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Happy Tradingð°ðĨģðĪ
Trading Involves High Riskâ ïļ
Not Financial Adviceðļ
Use Proper Risk Managementðđ
Thank you for your support!ð
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
If you take a closer look at this chart, we'll see another head and shoulder pattern starting from $20,000, which may eventually go back to $20,000 IF AND ONLY IF price does not break the resistance at $43,000 upward.
Therefore, if price does not break the resistance at $43,000 upward, then the right shoulder will surely come to hit the neckline at $30,000.
If price now break the $30,000 neckline downward, then $20,000 is the targetðŊ
What do you think?
Share your opinion in the comment sectionâïļ
Please support this idea with a LIKEð if you find it usefulðĨģ
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pairðĪ
Happy Tradingð°ðĨģðĪ
Trading Involves High Riskâ ïļ
Not Financial Adviceðļ
Use Proper Risk Managementðđ
Thank you for your support!ð
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.