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reneordosgoitia
Jan 9, 2018 4:45 AM

THE PRICE IS IN FORMING A HEAD-SHOULDER PATTERN. 

Bitcoin / United States DollarCoinbase

Description

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.
Comments
majorlee
not sure you chart is updating ... :)
majorlee
@majorlee, my mistake :) working out so far
reneordosgoitia
@majorlee, what I think is not confirmed yet, until the price break the neckline. The price can just find a support area and start to run up again.
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