Head and Shoulder Pattern 1.Height of Head from neck line : copy it 2.Bring it to neck line of Rt. shoulder 3.Jan. 11th 2017 - Feb. 5th 2018 : Fibo retracement(0.786 retrace) 4. Horizontal support at 1850. 5. Pitchfork of current downtrend : 6.786(skyblue line) 6. Volume : decreased by time
IT THIS POSSIBLE? COINCIDENCE?
What the HECK are they doing?
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More Details... 1. Pink line 2. I didn't touch the length of the line. I just "move" the line. 2-1. It just grow longer automatically(because this is log chart) 3. The BTC rally had started from Jan. 2017 3-1. The lowest price of this downtrend channel so far is 5920 4. It is a strong support line 5. I don't know what this is mean but it matches! 6. The volume of H&S pattern decrease by time