BTC short term bearishness with H&S
Updated
Look how exact R & S lines are mapped on Fibonacci levels!
BTC broke rising wedge and also formed a Head & Shoulder.
I think btc can go down to test supports at 9100-8800-8300 levels.
Because I believe BTC is in long term bullish trend, any of these support levels can stop BTC bearishness and BTC resume its uptrend from there and we may never seen for example 8800 or 8300 level.
BTC broke rising wedge and also formed a Head & Shoulder.
I think btc can go down to test supports at 9100-8800-8300 levels.
Because I believe BTC is in long term bullish trend, any of these support levels can stop BTC bearishness and BTC resume its uptrend from there and we may never seen for example 8800 or 8300 level.
Trade closed: target reached
:) first goal reached. i'm not sure how much it will go down but it's too risky for short.
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