Hello again my Friends, Traders and Interested,
just a very quick Update to BTC. Past months I did no actual TA according to BTC. But now I decided to do.
I see a nice H & S forming.
It would support the channels and trendlines. BTC actually inside a bigger ( blue lines ) ascending channel. I now see price moving down to the lower line. If it breaks downwards , target could be reached. More down afterwards possible.
I see a good long term buy at around 5 - 5.5 K.
Good luck to ya all outside.
As always, no trading advice, just educational. Trade safe and on your own risk.
A Like and follow will make me happy.
Sascha
just a very quick Update to BTC. Past months I did no actual TA according to BTC. But now I decided to do.
I see a nice H & S forming.
It would support the channels and trendlines. BTC actually inside a bigger ( blue lines ) ascending channel. I now see price moving down to the lower line. If it breaks downwards , target could be reached. More down afterwards possible.
I see a good long term buy at around 5 - 5.5 K.
Good luck to ya all outside.
As always, no trading advice, just educational. Trade safe and on your own risk.
A Like and follow will make me happy.
Sascha
Failed Analysis. Next time , next try.
Trade safe outside there.
Yours Sascha