Potential head and shoulders forming on BTC, strong support

BTC has broken through the 7.5k support with ease.
Next support is at $6500 and $6100-$6200 area.

While its currently too early to tell, a potential reversal head and shoulders pattern is being formed on BTC. Time will tell us if its the case.

My advice: If you want to trade on BTC, wait for the right shoulder to form and see if there’s enough volume for a breakout from the neckline.
BTCBTCUSDChart PatternscryptoCryptocurrencyTechnical IndicatorsTrend Analysis

면책사항