We have seen traders interpret the BTC chart patterns as Cup & Handle or Head & Shoulders:
1. Considering the h&s pattern, we have to move lower to touch the uptrend line at about 7400$ and then we can start the move up to 14000$.
2. Considering the C&H pattern, the handle has already formed and we have begun the move up to 14000$.
The coming week will clarify which one is running.
which scenario do you go with?
Please hit like if you agree with this analysis and please tell me about your ideas by leaving a comment:)
1. Considering the h&s pattern, we have to move lower to touch the uptrend line at about 7400$ and then we can start the move up to 14000$.
2. Considering the C&H pattern, the handle has already formed and we have begun the move up to 14000$.
The coming week will clarify which one is running.
which scenario do you go with?
Please hit like if you agree with this analysis and please tell me about your ideas by leaving a comment:)