Hey guys, we might have avoided the breakdown of the major Head & Shoulders of the last days, but now BTC formed a Baby Head & Shoulders on the 1H and broke the Neckline. Now textbook wise, this means we have two Takeprofit levels (= Neckline - Difference the Head to the lows of either left and right shoulder) and one Stop Loss (over the right shoulder).
Now keep in mind this happened on the 1H, but still, this is a very clean pattern. My guess is we will hit the red longterm trendline...but we shall not outguess the market.
No financial advice, just my personal opinion.