Monday in a very agitated way, we recommend careful investment at this time.
Bitcoin may have finished its shoulder head shoulder formation with a target projection between 42k, it all depends on holding 46.5k. The LSR is high "2,56",
all indicated for a major.
Buying point that we're going to be interested in is between 44k to 42k with fractional orders,
To invalidate the shoulder head shoulder we need to stay above 48.6k and maintain it.
** What is a OCO (shoulder head shoulder)? **
The market forms a first top and returns the base line which will be called the neck line.
From that point onwards, a rally occurs surpassing the previous top and forming the head, until that moment the market
he the continuation of the rise. Prices, from the head, return once more to the neck line and go back up again,
giving rise to the second shoulder with a size very similar to the first. The OCO is formed.
Bitcoin may have finished its shoulder head shoulder formation with a target projection between 42k, it all depends on holding 46.5k. The LSR is high "2,56",
all indicated for a major.
Buying point that we're going to be interested in is between 44k to 42k with fractional orders,
To invalidate the shoulder head shoulder we need to stay above 48.6k and maintain it.
** What is a OCO (shoulder head shoulder)? **
The market forms a first top and returns the base line which will be called the neck line.
From that point onwards, a rally occurs surpassing the previous top and forming the head, until that moment the market
he the continuation of the rise. Prices, from the head, return once more to the neck line and go back up again,
giving rise to the second shoulder with a size very similar to the first. The OCO is formed.