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jewbacca
Oct 4, 2017 8:47 AM

BTCUSD Correction Looking Very Likely! - Head & Shoulders on 4H Short

Bitcoin / United States DollarCoinbase

Description

Keeping a close eye on BTC... if this head and shoudlers completes then it's highly likely we'll spill down to $4000. And then possibly beyond that...

My first post, be gentle. ;) Would love to hear what more experienced traders think of my chart and analysis.

Comment

Currently at 4280. Head and shoulders will be completed at around the 4240 mark, watching the charts closely at the moment.

Comment

4240 breached... currently at 4214. Let's see if we can breach 4200 soon.

Comment

Went under 4200 for a moment, then bounced off. Assuming we breach it properly, next significant support level is at 4000.
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