BITCOIN, HEAD AND SHOULDERS?
Hey! Please push like and subscribe!
Quick update of previous analysis:
So here we've got nice head and shoulders formation and we are back below 10k again - very bad sign. Lots of scam wicks again, binance unexpected maintenance, lots of FUD around.
So if we break the neckline (orange) things can get very ugly. This reversal pattern is happening during golden cross on the daily so it's twice interesting to observe. Anyway we trade what we are given, and now we've got ugly reversal pattern.
Again you can sell everything now.
You can open short after we fix below 10k again - stop above 10k.
Quick update of previous analysis:
So here we've got nice head and shoulders formation and we are back below 10k again - very bad sign. Lots of scam wicks again, binance unexpected maintenance, lots of FUD around.
So if we break the neckline (orange) things can get very ugly. This reversal pattern is happening during golden cross on the daily so it's twice interesting to observe. Anyway we trade what we are given, and now we've got ugly reversal pattern.
Again you can sell everything now.
You can open short after we fix below 10k again - stop above 10k.
Nota
Jesus Crist, dump to 9500 in a few seconds after my post. OMGNota
*Jesus Christ, typo, typing quickly to keep you updatedNota
Here is my previous analysis: 
Nota
Please support this idea with your likes to keep me motivated to do these analyzes! Thank you!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.