reneordosgoitia

THE PRICE IS IN FORMING A HEAD-SHOULDER PATTERN.

COINBASE:BTCUSD   Bitcoin
If the price break the neckline area, according to fibo analysis, the next area is rounding the 8000.
Comment:
the price is breaking the neckline of the H-S pattern, if the price rebound in this area to go short. The 8000 level is the next chance to go long.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.