BTC# 80 -- 03/02/2021 Potential H&S! What do you guys think?

2 мар. 2021 г.

Hello Together,

Attached as always is my daily update on the BTC price.

We had seen a nice breakout from our rising wedge yesterday as expected. Through another bullflag, we have continued to move higher and are consilidating at around $48,500. It could now be that a potential Head and Shoulders Pattern is forming. The important thing here is that we close a 1h candle above the red neckline.
The price target would then be around $54,000.

However, my second major resistance is $51,800 first. Here we must absolutely go over it. That would be really 100% very very bullish and we could see an explosive move to our ATh!

Keep this absolutely in the eye!

Remain healthy!

Your Schueco / BTC Moneymaker

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