Bitcoin could catch a little more upside, before rolling over to finally complete the right shoulder of the head and shoulders pattern that I projected over one week ago. I still believe that there is a lot of downside to be seen, with a limited amount of upside. There is still a very small chance that this could end up failing as a head and shoulders pattern. However, the odds of this completing a head and shoulders, given the increasing amount of bearish indicators, is very high. I'm just going to continue to watch as this pattern develops almost exactly the way I projected it to. Hopefully, we will get a nice breakdown on the back side of it. That would be the icing on the cake.
Ps. I will post some charts below for you to see how closely this has developed, compared to what I called for over a week ago.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
@vlaxew, exactly, weeks, months, whatever. My point is, go look and troll his doji bottom post thread in dec or come up with better TA yourself, say something constructive, or shut your pile hole. No one is right exactly 100% of the time and he has quieted his obnoxious rhetoric down in the last 6 months - I give him a lot of credit