Bitcoin trading update

Firstly, price approaching weak support zone.

More details will follow soon. But pending the time the chart is well clear and explanatory enough for possible tradable action.

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Spotted Potential SHS pattern. This pattern will likely form if price get rejected towards the immediate support zone.

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Let quickly visit the last analysis there is a section for this SHS there and this was planned to happen after the breakdown of the wedge, you can have a look at it here

And to know more about the analysis check it here

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Price struggling at the neckline of the SHS , let see what happen here

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Price will likely spend some time inside this triangle.

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Potential Inverse Head and shoulder detected on 15minutes timeframe, if this pattern play out will push BTC towards 7160$ zone.

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Price have not breakdown the neckline of this big SHS pattern it worth something to have in mind.

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The triangle i talk about is now in play, let see how long BTC will spend within this triangle before breakout.

Trade stängt: målet nått:

Let me say immediate target of this analysis is achieved.

Keep an eyes for my new post on Bitcoin thanks for all the likes and loves.