DeMindSET

Bitcoin Reverse Head and Shoulder

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Short Tern : Short
Long Term : Long
According to this kind of candlestick from last month , it will follow with bearish month (you can see from red hammer icon) and last month bitcoin couldn't stand over fib 0.382 which is't a good signal for bullish market.
Currently , you can see RHS pattern in bitcoin appends with above-mentioned reason.i think BTC maybe going down.
For Buy zone , the best point in my opinion is the bottom of right shoulder which is around fib 0.236

เม่าปีกเหล็กกล้า ที่คิดจะเอาตัวรอดจากตลาดอันโหดร้าย
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.