Head and shoulders
Btc dropped back into the symmetrical triangle, most of the times if an pattern plays out and gets back into the old pattern, it breaks to the other side.
So for now we might see an bearish head and shoulders, if breaks below the neckline btc can form a nice Bart down towards 10150.
For now the ascending support is been tested if this hold btc still can go up towards 11350-11400 this is an descending weekly resistance so there is an high chance that it still can reach that high
Short target 10400-10150
Long target 11100-11350
So for now we might see an bearish head and shoulders, if breaks below the neckline btc can form a nice Bart down towards 10150.
For now the ascending support is been tested if this hold btc still can go up towards 11350-11400 this is an descending weekly resistance so there is an high chance that it still can reach that high
Short target 10400-10150
Long target 11100-11350
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