XBTUSD Possible move

XBTUSD is trading in wide BULLISH CHANNEL which consist of:

Ascending triangle with target at 7400$-7500$
Inverse Head and Shoulder (Blue colour line) target at 7400$-7500$)
Another Inverse Head and Shoulder(Pink colour line) target show (8400$-8832&).

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Handel aktiv:

We may have some correction before continuation of the uptrend

Handel aktiv:

Retracement target achieved

Handel aktiv:

We should reverse back up now and target remain 7400-7500 Zone.

Handel aktiv:

If BTC break 7140 down it means we will have extensive correction which will lead us back to 7000$/6900$ zone.

Handel aktiv:

If price fail to close above 7300$ this is possible wave pattern of what may happen.

But if price manage to break 7300 we will be good.

Handel aktiv:

We detect a potential SHS on 1hr timeframe, although this conform with our previous plan.

Handel aktiv:

Shoulder Head and Shoulder in progress.

Handel aktiv:

100millions tether news spoiled the show for this Shoulder Head and Shoulder.

I will update us shortly.

Thanks

Kommentera:

The formation of SHS changed from the previous one and formed it in this form.

This setup have stop loss around 7375-7385$. If this range reach then next will be 7435$ area.

Handel aktiv:

Hi guys look like this new pattern SHS is in play, well we do not really care as we want to make money, any where price goes is okay for us.

Here is some indepth wave analysis of the possible down move.

Handel aktiv:

Hi guys

Moving as expected.

Handel aktiv:

Still very much active.

Handel aktiv:

Still on xbt

Sorry for late update

Handel aktiv:

Hello guys this serious update we need to treat with care!!!! Please read and check the chart.

Guys look closely at this fucking chart, Would you be a seller or Buyer????

Please drop your comment!!!!!

Handel aktiv:

Handel aktiv:

We need Breakout from this BOC

Handel aktiv:

Nice drop