BTCUSD H&S Pattern

Mar 11, 2018

Possible H&S Pattern, watch for breakout of the 50% fib.

Mar 11, 2018

Note

Heavy overhead resistance at the 50% fib and 200ma, the 20ma crossed under the 100, signaling bears.

However keep in mind that this could also be seen as a double bottom, which would be bullish, so watch for a breakout above the 200ma. Personally I see it establishing support around the trend line following the breakdown from the h&s

Mar 11, 2018

Note

meant to say the 50 ma (yellow) crossed under the 100 (green)

Mar 12, 2018

Trade active

It has now consolidated and is breaking down as predicted,place close attention as we approach the right shoulder

Mar 13, 2018

Note

Crucial moment here, watchout below!