BITCOIN MIGHT BE FORMING A HEAD & SHOULDERS PATTERN

21 de mai. de 2019

We have failed to make a new HH and have gotten rejected on the 8.3k range TWICE, thus creating a double top. A head & shoulders formation seems to be forming on the 4HR timeframe. My Target is listed on the chart for a re entry if this formation does play out. Trade safe and have amazing Tuesday!

21 de mai. de 2019

Ordem cancelada

Formation seems invalid, long it

22 de mai. de 2019

Nota

Hmmm, this is a tricky one, wait for a breakout, we have yet reclaimed 8.3k, massive move coming soon again, prepare your shorts, if you're long you want 7800 to hold

If 7800 fails to hold we will start a downtrend, maybe, lets wait and see, will keep updating tomorrow!

23 de mai. de 2019

Nota

Support neckline has broken tested and rejected, we could possibly see mid 6k soon, maybe...