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UnknownUnicorn1639405
Jul 16, 2018 9:19 AM

BTC/USD 

Bitcoin / DollarBitfinex

Description

The technical analysis show 2 possible scenarios and I think the price is going to drop to the area around 6k since most of the Head and Shoulder patterns were unsuccessful recently I think this one will be as well. I should mention that some times for rising wedge price breaks up and then drop but most of the times it directly dive down.

Trade active

It looks like we had a small right shoulder at the top of the wedge

Trade closed: target reached

Comments
UnknownUnicorn1639405
It looks like we had a small right shoulder at the top of the wedge
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