mhopper321

BTC return of the bears.....temporarily

Short
mhopper321 Updated   
COINBASE:BTCUSD   Bitcoin
I posted this idea yesterday about a head and shoulder being inside a big head and shoulder and so far it's playing out nicely! IF my math is right should take BTC down around 7700 range where we should see a good bounce. Of course this is not advice just an idea. DYOR and please comment any thoughts you may have on this formation as I am no expert on wave theory. Happy trading
Comment:
Here is the original chart showing where I first saw this double head and shoulder developing
Disclaimer

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.