BTCUSD- Head and Shoulders
If we break below the neckline, expect a dive down.
Note
RIPNote
You may consider a long entry, but please be very cautious. we're bullish in that we're holding above the major resistance (now acting as support), but we're bearish in that we're so close to the previous high of 6600. I would not press your luck much higher than 6900, assuming the impulse last night was our 1 wave.
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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.