Hi guys I am a relatively a new trader so I thought I would give this a go.
Looking at the 4h chart I see bitcoin has played out a head and shoulder scenario.. now I think Bitcoin will repeat the same run up on the right hand side and go up to $42000 to test, than to $45000, than to $51000, than to $59000 and lastly the ATH. Once it breaks ATH it will go up further with no resistance. To me it will also come back and test the neck line which I feel is the support line. Please let me know your thoughts.
I am not a financial advisor or a broker, just would like some thoughts from others so I can learn more
Please be kind
Cheers
Looking at the 4h chart I see bitcoin has played out a head and shoulder scenario.. now I think Bitcoin will repeat the same run up on the right hand side and go up to $42000 to test, than to $45000, than to $51000, than to $59000 and lastly the ATH. Once it breaks ATH it will go up further with no resistance. To me it will also come back and test the neck line which I feel is the support line. Please let me know your thoughts.
I am not a financial advisor or a broker, just would like some thoughts from others so I can learn more
Please be kind
Cheers