BTC/USD - TARGET 9000 Short

Bitcoin / DollarBitfinex

Description

⋅ Dec 24, 2017 3:52 PM

BTC/USD CMP 12433
TARGET 9000.
4 HR CHART
1) Price structure has a broad H & S pattern bearish pattern.
2) 200 ema breakout is a big negative.
3) Neckline breakout adds further strength to the bearish view.