Goodmorning @everyone, I just want to share my thoughts on BTC as well as my TA
- The Price of BTC has a potential to form a H&S and Inverse Cup and Handle Pattern, this favors the bears, meaning, we have a potential to have another dip this week.
- You'll see from the image that I found a gap between 36-37k. So, i can expect that during weekdays, btc will try to go up and fill that gap.
- If BTC got a rejection from the gap, that will complete the pull back from the impulse move and will also complete the H&S and Inverse Cup and Handle Patterns
- I can still see another dip to 30k support level.
- My Weekly Resistance is still at 42k and 30k support, unless we break either of them. I'll start to make a move. Until then, I'll be patiently waiting.
That's all guys! I hope this make sense. NFA, DYOR and TAYOR
- The Price of BTC has a potential to form a H&S and Inverse Cup and Handle Pattern, this favors the bears, meaning, we have a potential to have another dip this week.
- You'll see from the image that I found a gap between 36-37k. So, i can expect that during weekdays, btc will try to go up and fill that gap.
- If BTC got a rejection from the gap, that will complete the pull back from the impulse move and will also complete the H&S and Inverse Cup and Handle Patterns
- I can still see another dip to 30k support level.
- My Weekly Resistance is still at 42k and 30k support, unless we break either of them. I'll start to make a move. Until then, I'll be patiently waiting.
That's all guys! I hope this make sense. NFA, DYOR and TAYOR