Despite profits taking through beginning of weekend Bitcoin keeps bullish momentum finding good support @ $ 9,500 ,with weekly lowest mark touching $ 9,115 and highest around $9,700. Market keep holding good uptrend structure, with Fib levels reached by shadows but not confirmed by candles.Interesting double button on 0.5 Fib
So this is my vision for this week:
Possible(Reverse) H&S, waiting confirmation from 4H candle.If shoulder will form below 9,5K we will move downward, if not back to 9,7K mark looking to consolidate around 10K levels and gain of liquidity for moving forward $12,300/12,500 level.
(NB: decreasing bearish volume on 4H)
Happy trading week everyone :)
So this is my vision for this week:
Possible(Reverse) H&S, waiting confirmation from 4H candle.If shoulder will form below 9,5K we will move downward, if not back to 9,7K mark looking to consolidate around 10K levels and gain of liquidity for moving forward $12,300/12,500 level.
(NB: decreasing bearish volume on 4H)
Happy trading week everyone :)
Apologise :)