Get started
burkitt

Possible head and shoulders - BTC

Bitcoin (BITFINEX:BTCUSD)  
burkitt  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
3
1
trendanalysis chartpattern
A possible head and shoulders formation is forming on daily chart , I expect a right shoulder, bouncing from the long term trendline. If this occurs, there is a possibility of price fall.
This is for educational purposes, I'm fairly new to trading. Any criticism is welcome.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.