CipherR

Btc Head and Shoulders Trend Reversal

Long
BITSTAMP:BTCUSD   Bitcoin
Btc completed the head and shoulders pattern and broke downwards of the wedge formation - both bearish indicators signalling some drawbacks.

However, the market remains in a parabolic bull run. Support line for this indicated in yellow.

A drawback to this trend line would likely see support to fuel further upwards momentum and an opportunity to buy.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.