BTC is making a head and shoulder as you can see in the chart
With a target of 3900ish
lets see how this plays out.
With a target of 3900ish
lets see how this plays out.
Note
Stil in play , just an extended shoulder if it doesent break in the next 30 min its not valid anymoreNote
Since BTC broke the neckline , BTC Made a bearflag and is now making a other bearflag , this is not looking good because this is a continue patern BTC can make flag after flag and going slowly down i would wait to get back in and see how low we can go H&S TARGET 3800-3900ish .Note
we are about to break lower!
Note
if you look @ the 4hour BTC chart this could get much more uglier if this Head and shoulder plays out. with a target off 3100ish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.