Bullish Sentiment

15 мар. 2023 г.

The price action for the last couple of months is rather irregular, forming no recognisable pattern. Currently we are forming an expanding wedge around 24k, which can signify a revisit to 18k… or it might be an INV HNS Inverted Head and Shoulders with a target between 30-35k. HNS patterns are notorious for messy right shoulders. Either way, if 18 is revisited, it may still be a bullish DOUBLE BOTTOM.

But for the time being, I expect INV HNS and am looking for a rally to 33k