BitcoinShort
H&S with right angle
Previously I posted a Head and Shoulder Pattern forming at around 7.200$ BTC/USD Price.
I exaggerated (got wrong) the downtrend angle. I also wasn't aware of Chinese Holidays until recently. That (to me) had a huge impact on the trading volume thursday and friday.
Still Weekend worked out as expected.
This is an update of the H&S pattern that I thought was forming but with a correction on the downtrend.
Also I am adding a possible Short Position that I might take.
Please comment if you feel my analysis is wrong and much more important: NEVER INVEST ON SOMEONE ELSE'S IDEAS!
Trade safe and BTC will definetely go to 100K+ (eventualy)
I exaggerated (got wrong) the downtrend angle. I also wasn't aware of Chinese Holidays until recently. That (to me) had a huge impact on the trading volume thursday and friday.
Still Weekend worked out as expected.
This is an update of the H&S pattern that I thought was forming but with a correction on the downtrend.
Also I am adding a possible Short Position that I might take.
Please comment if you feel my analysis is wrong and much more important: NEVER INVEST ON SOMEONE ELSE'S IDEAS!
Trade safe and BTC will definetely go to 100K+ (eventualy)
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