MMBTtrader

BTCUSD Head & Shoulders is forming dump after breaking neckline

Short
MMBTtrader Updated   
BITSTAMP:BTCUSD   Bitcoin
As we can see price is showing weakness near-daily resistance zone and we mentioned this in previous analysis too:

Now we can see that we may have a Head and shoulders near this strong daily resistance zone(breaking neckline is needed).

The target and support zone is near 34K-36K.

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Comment:
Price is near local support and neckline

As we said if breakout happens btc can dump more

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