A bullish scenario for bitcoin:
- price will not close below 6134
- iH&S, will confirm after breaking the neckline (on increased volume)
- target for scenario 7k$ range
- if we close above the resistance area we are likely to see more elephant waves:
www.coinstreet.limit...lephant-wave-theory/
- price will not close below 6134
- iH&S, will confirm after breaking the neckline (on increased volume)
- target for scenario 7k$ range
- if we close above the resistance area we are likely to see more elephant waves:
www.coinstreet.limit...lephant-wave-theory/
Comment:
well the iH&S pattern got invalidated. and we didn't get the long trade. Time to look for a new setup....
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