BTC formed head and shoulders - decision point is here!
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Hello traders,
Just quick update - yesterday i posted analysis BTCUSD (tradingview.com/chart/BTCUSD/NDz71gWj-BTC-is-forming-head-and-shoulders-pattern-watch-out/) where i predicted possible head and shoulders formation. Now it look that this formation is completed and we are near neckline and watchout on price reactions here, if price steps below neckline and candle closes below, we may see another fall. Always use sl, be carefull in case of fake breakouts/traps
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.