BitcoinShort
$BTC Textbook Head and Shoulder Formation
I would be very careful trading this. Price is going up, but the volume is decreasing. and a convincing head and shoulder formation has formed on the latter end of the trend.
Some may argue the $6750 neckline is sloppy but low volume leads to more volatility, so the neckline not being completely flat and clear cut does not by any means invalidate the Technical Formation.
Symmetrical Triangle forming as well, and it's coming to a close,
Expect an Avalanche sooner, than later.
As always, A like is is very much appreciated.
Any thoughts, or disagreements? Please do not hesitate to leave a comment.
Some may argue the $6750 neckline is sloppy but low volume leads to more volatility, so the neckline not being completely flat and clear cut does not by any means invalidate the Technical Formation.
Symmetrical Triangle forming as well, and it's coming to a close,
Expect an Avalanche sooner, than later.
As always, A like is is very much appreciated.
Any thoughts, or disagreements? Please do not hesitate to leave a comment.
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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.