BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Shoulder and Neck formed and completed its pattern on the Longer time frame now, any breakdown from that neck level at $37320 will likely see us at the most Talked region around $36.5 of $34.5k..... It quickly defended the $37k region to prevent the Neck from breaking, establishing a great support at the $37k Level, how Long this level will hold will be tested when the 4HR and 1D candle closes for the day.. waiting to long, wait till there is a breakout or retest of the Neck and we form a HH HL , wanna Short,allow the Neck to break and a further retest confirming it when it forms LH and LL......

Remember stay smart and sharp, work with trend and not against, Don't Hope but stay informed with analysis and patterns....

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.