CobraVanguard

Bitcoin's situation+next targets and expected movements.

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has created an Inverse head and shoulder pattern which means a great bullish trend is on the Horizon. If the price follows this pattern's expected movement,we shall see it reach 40k pretty soon or at least in mid term duration. The expected movement is as much as the measured price movement (AB=CD).The break out has occurred but the confirmation candle has yet to be closed. We might even see a correction one more time before ascending further.keep in mind that the next big resistance for btc will be around 40k.
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