BITCOIN forming Head and Shoulders Pattern - Target ($13497.82)
Updated
The Daily Chart shows a pretty obvious Head and Shoulders pattern.
BTCUSD Target ==> $13497.82
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Trading Futures ,Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BTCUSD Target ==> $13497.82
What do you think ?
Like and Comment will be hugely appreciated, thank you so much for your support.
See other ideas below too!
RISK DISCLAIMER:
Trading Futures ,Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
A Bearish Divergence on the weekly and daily charts signals a price decline.Note
Note
BTCUSD Possible Double Top on Weekly.Note
WAIT FOR CONFIRMATION (Maybe a FALSE Breakout):Note
WAIT FOR CONFIRMATION (PullBack is In Progress) ==> Bullish (> 47000$ )Note
Head and Shoulders Pattern is still valid: Theoretical Target ($26350.11)Note
BTCUSD has rejected from the upward trend line 4 times. Now, BTCUSD is facing bearish power after rejection.WAIT FOR CONFIRMATION ==> Bullish (> 47000$ )
Note
WAIT FOR CONFIRMATION (Maybe a FALSE Breakout)Note
BTCUSD has rejected from the upward trend line several times. Now, BTCUSD is facing bearish power after rejection.
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