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OK_Rane
May 13, 2021 2:17 AM

BTC price action : neck line support 

Bitcoin / TetherUSBinance

Description

As I had expected it has formed the head and shoulder, price taken a support from neck line, now previous supports are become resistance that is, 54k and 56 k. Downside, If neck line breaks out, that is below, 45K, you will see minor support at 43 k then major one is at 40-41k. If it doesn’t hold the price then short it for 29 k
Comments
farhan990
Thank you bro but i have question right shoulder neckline not matching
OK_Rane
Neckline gets complete at 45078, usually neckline gets drawn from right shoulder second leg
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