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BTCUSD inverse head and shoulders forming target +/- 5200 usd

252
BTCUSD is currently in despair fase of the market cycle, a head and shoulders is forming which will take it to around 5200 and maybe even the MEAN in green.

It will not go above the MEAN it will drop back to at least around 4000 USD where is a log line support.
Note
Close up H&S
Note
BTCUSD coinbase log lines
Note
google.com/url?sa=i&source=images&cd=&ved=2ahUKEwjriv6yw7rfAhXGEVAKHdqZASEQjRx6BAgBEAU&url=https://www.thegoldandoilguy.com/articles/tag/stock-market-cycles/&psig=AOvVaw2w0BFYIr-_X5fsK904JsCY&ust=1545811680365132
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
Bullbrain

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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.