As we see on our graphic , with the last 9K run we touched to neckline of our beautiful inverted H & S and pullback for the right shoulder. For the right shoulder the dip can be around 7700-7800$ and will bounce back to neckline which is around 9K again.
This time when we are going to reach to neckline , we should cross it with a explosive price action. ( Like a rally to 9500-9600) After that move we will be back to neckline for a supportive test.
In the general picture , our target is 12000$
Trade safe with minimum risk.
This time when we are going to reach to neckline , we should cross it with a explosive price action. ( Like a rally to 9500-9600) After that move we will be back to neckline for a supportive test.
In the general picture , our target is 12000$
Trade safe with minimum risk.
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BTC is accumulating power.We can see this easily on H1 graphics.
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Here is our smaller H & S on H1 graph.This one is already on fire and looking to target. Once it is going to reach there , It will trigger the main inverted H & S.