BTC heading back under 8k - Short term

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
593 4
I think btc is heading back towards 7800 shortly.
I'm not sure why you would draw the inverse H&S, since the implications of it don't support your forecast. There's actually a larger (right way) H&S pattern from 8-11.2, which failed to break to downside. I don't think we'll go under 8k.
+2 Reply
bdavletov veltto_keksi
@veltto_keksi, 8000 would be sufficient for me :) and even that seems like unlikely
Why , if it's inverted head and shoulders would it drop? No momentum?
@jamikr, yes, seems to be stalling.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out