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thomasfar6

BITCOIN - Head & Shoulders pattern, Break out or Breakdown.

Bitcoin (BITSTAMP:BTCUSD)  
thomasfar6 Updated   
BITSTAMP:BTCUSD   Bitcoin
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trendanalysis beyondta btc crypto cryptocurrency bitcoin bitcoinforecast bitcoinprice bitcoinmarkets altcoin bitcoindollar
Potential Head & Shoulders pattern coming into play, it will bounce between the support and resistance before rebaking up or down.

Keep in mind Bitcoin exploded around the time of Bitcoin Cash was released, the same trend could be seen in the week coming ahead (the upcoming Bitcoin Gold hard fork)

Trade the lines accordingly.
Comment:
Support seems to be struggling to hold.
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