BTC 15m Head and Shoulders Forming

By RockinHood
Updated
H&S developed the top of the right shoulder. Based on the current sideways action, it could be invalidated soon, but we also need to consider a current FUD around USDC. A price target is in the low 19000s, Which corresponds with yesterday's invalidated double top formation.
Comment
A new right shoulder is now at the VWAP rejection candle. Target is the same.
Bitcoin (Cryptocurrency)Chart PatternsDouble TopFUDheadandhsouldersshortTrend AnalysisUSDCWave Analysis

Related publications

Disclaimer