Possible Head and Shoulder formation BTC
Hi everyone,
There is a possible H&S formation in BTCUSD. If we are creating the right shoulder, which I believe we are, we could eventually drop to support level at 4400s. Which is also the height of the head to the neckline. It will be important to see the reaction at the neckline for confirmation of the break down.
Cheers
There is a possible H&S formation in BTCUSD. If we are creating the right shoulder, which I believe we are, we could eventually drop to support level at 4400s. Which is also the height of the head to the neckline. It will be important to see the reaction at the neckline for confirmation of the break down.
Cheers
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