Aksel_Rom

Bitcoin Shoulder-Head-Shoulder

Long
BITSTAMP:BTCUSD   Bitcoin
Hello trader!

In this analysis I will show that Bitcoin is in the process of completing a shoulder-head-shoulder formation. We see the first shoulder on August 06, the head on November 09, and now we are at the last shoulder. The last shoulder will hit the previous resistance level at 52075.01 and complete a shoulder-head-shoulder formation at target 52075.01.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.