BTC/USD seems to be forming a head and shoulder pattern
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BTC/USD seems to be forming a head and shoulder pattern on the 1hr chart. If this Pattern forms and we see it breaking out of the $33,400 neckline we can see a move of approx. 13% to a about $37,400 to $38,100 in the next day or 2.
<<<This is not Financial advice, please do your own research>>>>
<<<This is not Financial advice, please do your own research>>>>
Note
Note
BTC has broken above the down trend line, Could be a possible fake out .. wait for the retest of the down trendline before going long.
Note
Volume is very low for a break of the uptrend line. Could this be a possible fake out??
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