So I have been watching this for quite some time:
I have been tracking this H & S in the works. For the possible shoulder to complete, we probably might have to go down to the previous support/resistance line @ 7648. The hight of the triangle also points to the previous support/resistance line at 7648. This will complete the right shoulder!
Then the Head of...
I have been tracking this for a while now... sorry that this is so messy
I think if we finish this right shoulder and go back to the neckline... the possible future might mean great things for BTC!!!
If we will finish the handle portion of this cup, the possible prediction for the run would be a new ATH at ~27k.
Please let me know what you think
we have tested this red upper line now for the 5th time...
40% DROP? or a HUGE move up?
notice the descending volume drop from 4th to the 5th
what are your thoughts?
looking at this long downward trend, it looks like we have finally broken out of the upper trendline... most likely, we are going to test the upper trendline
two possobilites: bounce up or bounce down.
I have noticed a smaller head and shoulders at the end of this huge head and shoulders with big resistance for the huge one.... are we going up?
how are viewing this?
Seems that the descending Andrews Pitchfork has tested the lower level (1.0) @ point #3. Green lines would indicate a possible head and shoulder pattern for a reversal (right upper shoulder possibly at 23.6% @ 0.01646) Red would indicate a correction and a possible continuation in the downward pattern :( (Base-0.0% @ 0.01056 and possible strong support)
I...
