TiranTrading

60K incoming

PHEMEX:BTCUSD   None
Hey guys, Bitcoin has bounced from 200 EMA on the 4h time frame and It seems like it is forming the the right shoulder of this inverse head and shoulder pattern, I'll enter long after breaking the neckline, and I think there be so much volatility after breaking the neckline because the neckline is at a very important resistance level, the target of the pattern is at 60k but I'll take profit lower at the ATH which is at 58.4
Not a financial advice, Do it at your own risk! Good luck

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