Bearish head and shoulders pattern formed on the 4hs TF. The he neckline is drawn at the bottoms reached by the price (22.655) between the shoulders and head (from left to right). As price breaks below the neckline level it means the trend reversal.
Swing/Contraction Zone Bullish Zone Bearish Zone Trading On The Move
By looking for the contraction zones (boxes) a midline is displayed as the target price for the trend.
Confirmation Breaking below 18300 Breaking below channel support BINANCE:BTCUSDT
