Hello my friends...
Bitcoin is in a dangerous pattern at the moment.
Massive head and shoulders which if it plays out
it confirms a test of macro channel downtrend line
between 47000 - 49000.
After a massive pump from 28700 to 66000 i think
a correction is a healthy movement.
Breaking below 60500 is a confirmation that Head and
shoulders pattern will plays out.
I am gonna short this once i will see confirmation.
Your comments are appreciated.
Have a nice day and good luck with your choices.
Bitcoin is in a dangerous pattern at the moment.
Massive head and shoulders which if it plays out
it confirms a test of macro channel downtrend line
between 47000 - 49000.
After a massive pump from 28700 to 66000 i think
a correction is a healthy movement.
Breaking below 60500 is a confirmation that Head and
shoulders pattern will plays out.
I am gonna short this once i will see confirmation.
Your comments are appreciated.
Have a nice day and good luck with your choices.
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