If it crosses 11800 usd area it may go straight to the first significant resistance and target of the inverted H&S located at 14300-14400 usd zone. From there it should retrace back.
Ordem cancelada:
BTC has been unable to break the neckline of its inverted H&S pattern with considerable volume, and it has started to drop from 11800 level. Next point could take it to 11100 (61.8%) or even 10750 (50%) zone. Or even to lows (considering it should touch 8000 usd zone to jump again hard).
Trade ativo:
BTC went exactly to the 61.8% fibo at 11100, now the pattern is resumed