1hr notes:
*BTC is currently on a downtrend on the 1hr (short-term sell pressure)
*Clean Head and shoulder pattern (sell)
4hr notes:
*BTC is currently in a downtrend of the 4hr
*BTC clearly broke down below the triangle
*Currently sitting at the bottom of the 4hr breakout zone
Daily notes:
*HUGE Head and shoulder pattern!! TARGET: 20,000
*HUGE bearish pennant pattern !! TRAGET: 16,000
Weekly notes:
*BTC did a nice correction. the following move should come a bounce back to the upside.
*if BTC remains under 38,000 look to SELL
*if BTC close this week below 30,000 this confirms a weekly downtrend.
overview:
*BTC remains to fall.
*respect the trend! BTC is becoming bearish
*if BTC can not maintain above 32,000 price may drop.
*BTC is currently on a downtrend on the 1hr (short-term sell pressure)
*Clean Head and shoulder pattern (sell)
4hr notes:
*BTC is currently in a downtrend of the 4hr
*BTC clearly broke down below the triangle
*Currently sitting at the bottom of the 4hr breakout zone
Daily notes:
*HUGE Head and shoulder pattern!! TARGET: 20,000
*HUGE bearish pennant pattern !! TRAGET: 16,000
Weekly notes:
*BTC did a nice correction. the following move should come a bounce back to the upside.
*if BTC remains under 38,000 look to SELL
*if BTC close this week below 30,000 this confirms a weekly downtrend.
overview:
*BTC remains to fall.
*respect the trend! BTC is becoming bearish
*if BTC can not maintain above 32,000 price may drop.