So this is btc usd chart and its on the daily time frame so my idea is that we gonna see this head and shoulders complete so would be a good sell opportunity when the right shoulder starts to form
You see we are still in a down trend but price is gradually rising back to test the 200ma on the 4hrs time frame so we looking long on the 4hrs time frame and take profit should be when price close on the 200ma
Dot will likely form the inverse head and shoulder pattern but downs significantly mean we going for an uptrend it will be a trap to remove people from the market because the market is still in a down trend and we gonna see more down side in the cryto space
