BTC 4H - BUY AT PULLBACK OPPORTUNITY

# An expanding Bollinger Band provides much support for a brief pullback. A shrink back inside the Keltner Channel is a room for this little maneuver.

# Price reached 9500 after a period of support test and consolidation. With immediate support at 9420-9370. A brief pullback is expected to this level, with current bullish sentiment, long position can be placed here.

# This idea will be invalidated if price action around 9470-9520 attracting more volumes, and push the price higher.

DYOR Always

评论:

Possibly a small Head & Shoulder pattern could occur by testing 9550-9570 then small rejection would form a right shoulder.

This scenario would push the BTC back to the current price range, at the left shoulder of H&S.