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BTCUSD Possible Scenarios

Bitcoin (BITSTAMP:BTCUSD)  
Mahtab_Tradia Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Head and Shoulders BTCUSD
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supportandresistance headandshoulders btcusd
After a big fall, it seems like a head and shoulders pattern is going to be created. Scenario 1: IF that happened and the neckline broken out to the downside, price MIGHT fall more around 23500. Scenario 2: On the other hand, there is a possibility of failing the pattern. IF the resistance levels which are above the head broken out to the upside, we can expect the price to grow again around 50000
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