A head and shoulders will be formed once price reaches about $7k and bulls are unable to maintain that price. This will cause considerable downwards pressure.
May get support temporarily around 6666.66 for some reason. The head of this pattern is a large one, with a PT of ~6k.
Not financial advice, good luck.
May get support temporarily around 6666.66 for some reason. The head of this pattern is a large one, with a PT of ~6k.
Not financial advice, good luck.
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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.