Hello all,
Just couple of hours ago the price has swirled down breaking the neckline of the H&S pattern on the 4H time frame.
Personally, I foresee a good short trade with high odds.
Good luck!
Please, like & subscribe if you liked this idea!
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
Just couple of hours ago the price has swirled down breaking the neckline of the H&S pattern on the 4H time frame.
Personally, I foresee a good short trade with high odds.
- Sell limit is on the retest of the neckline
- SL is above the neckline
- TP1 is around the 42,000 level
- TP2 is around the 41,000 structural support
Good luck!
Please, like & subscribe if you liked this idea!
Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
