Bitcoin Head & Shoulders Pattern and Bearish Flag can drop price
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I can see on a btc chart head and shoulders patter.
Yes I know that this is not book version and pattern wrong but still.
Also I can see a bearish flag which is best seen in 1H and 30min charts.
Which also can push price lower at least to neck line or even break it.
Neckline is level $28600 and if price will break it we will fall lower.
Our main target is level 25300 from which starts impulse as left shoulder of pattern.
And also first target intermediate at $27000
I expect this scenario, so be prepare for next movements and write in comments your opinion about this is true H&S pattern (from books) or not, I'm curious.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
I can see on a btc chart head and shoulders patter.
Yes I know that this is not book version and pattern wrong but still.
Also I can see a bearish flag which is best seen in 1H and 30min charts.
Which also can push price lower at least to neck line or even break it.
Neckline is level $28600 and if price will break it we will fall lower.
Our main target is level 25300 from which starts impulse as left shoulder of pattern.
And also first target intermediate at $27000
I expect this scenario, so be prepare for next movements and write in comments your opinion about this is true H&S pattern (from books) or not, I'm curious.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.