fxs_header_sponsor_anchor

BTC/USD bullish SHS variant on intraday charts

The BTCUSD bulls are strong. At this point any pullback towards the POC might be used for buying.

POC zone 11500-600 is where we can see new buyers. Bullish SHS variant pattern has been completed and at the bottom of the right shoulder price is going up. Targets are 11750, 11830 and 12000 zone. The final weekly projection is 12180. If the price closes above it on a weekly basis then the door towards 12500 and 13000 will be open.


The analysis has been done with the CAMMACD.Core System.

For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.