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JacintoMonteiro

BTC: Head and Shoulders

Short
Bitcoin (BINANCE:BTCUSD)  
JacintoMonteiro Updated   
BINANCE:BTCUSD   Bitcoin
Trend Analysis Fundamental Analysis Technical Indicators BTC BTCUSD Bearish Patterns headandhsoulders bartsimpson bartpattern
4
0
trendanalysis fundamental indicator btc btcusd bearish headandhsoulders bartsimpson bartpattern
Drop on the horizon.
Volume is looking so bad.
Weekly RSI pointing down.
Head looks like Bart Simpson formation.
Twitter full of moonboys at the moment.

Comment:
Weekly: MA 50 crossed with MA 200 is unique in the history of BTC!
Week chart looks ugly.

snapshot
Trade active:
Crucial moment looking at the local H&S.
If we cant break this resistance we dump.
If we break above we might go to next highs... but weekly chart will still look bad long term.
snapshot

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JacintoMonteiro
BTC Panic Phase
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