Ben_4C

Next break in the BTC bearish trend!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
We're getting close!
The resistance at $8400 has been affected and we will probably test it again. In the case of a break of this resistance, we could have a rebound between the long term $8700 resistance with a return on the $8400 before being able to really know the long-awaited break and hope for a new growth.

Be careful however with the configuration shoulder head which could come to break the previous growth.
However, this kind of configuration has already been contradicted and could already be seen in bullish continuation forms.

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.