imRedaSouhail

Bitcoin Index ($XBT) Analysis by imRedaSouhail

BITMEX:XBT   Bitcoin
#Bitcoin Index $XBT Analysis🧩// Head and Shoulders.
-----
Bitcoin is still Bearish📉 A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. as technical analysts, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
-----
Bitcoin index may get a bullish correction to retest its previous Broken Neckline and we might see it act as a resistance level for The $XBT index.
-----
ISMASHPROFIT đź’Ž

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.