Allen_Ex

BTCUSD:Head and shoulders, short

Kort
Allen_Ex Uppdaterad   
BINANCE:BTCUSDT   Bitcoin / TetherUS

The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000.

This is a large trading space that requires sufficient trading funds and patience. If you have such conditions, you can follow my strategy and the probability of profit is about 90%.
Handel aktiv:
It’s an obvious head and shoulders pattern, so just go short.
Handel aktiv:
The bears continue
Handel aktiv:
Continue to pay attention to the resistance near 66000. If it cannot break through, go short again
Handel aktiv:
The rising strength has not yet ended.
Handel aktiv:
Indicators show bulls still have upside momentum
Handel aktiv:
The resistance is still around 66,000. If it cannot break through, it will fall again. Today's trading range is 66,000-63,000. The general trend continues to be short, with the target below 60,000.
Handel aktiv:
It’s time to start shorting

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