Bitcoin: Head and Shoulder short setup
Updated
Fit the 3 peaks and the domed house pattern.
This head and shoulder is the domed house.
Stop Lost: 70K
This head and shoulder is the domed house.
Stop Lost: 70K
Trade active
I'm slowly scaling in positiions at prices above the neck trend line.Trade active
Trade is still very active.Broke the Trend LIne downward yesterday.
A retrest of the trendline would be a gift to add to shorts.
Trade active
The FOMC pump gave a great oppurtinty to scale into Bitcoin shorts above the neckline.I'm still bearish as I believe the crypto market top. Yes, end of market cycle shit.
If you want to short with size i'll go with shitcoins like JASMY or SOL.
Note
Scale in SHORTs here. Stop Loss: New ATH at 74K.
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