CryptoYak

H&S To 9k? (Can We Hold The Safe Zone pt2)

COINBASE:BTCUSD   Bitcoin
Okay so the falling wedge breakout put us right back into the zone, exactly like i was hoped it would. Ive adjusted the support from 11.5k to 10.8k, because 11.5k has only held up on the short term. so all is looking good right? NOPE... I cant help but notice what looks like a H&S forming as our next pattern. Personally ill be selling on what i believe to be Neckline, if this plays out it could certainly take us to around 9k were i will be buying back. If the H&S doesnt play out then ill be looking to buy back in, Hopefully around 10.8k-11k depending on weather or not we get rejected at 13.2k agin

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