BTC has been getting shorted over the last few days.
In my opinion a head and shoulder pattern can possible be forming.
I'm expecting a drop to $8800 with a bounce to test the neckline as the RSI will go into oversold conditions.
Let's see how this plays out over the next few days.
In my opinion a head and shoulder pattern can possible be forming.
I'm expecting a drop to $8800 with a bounce to test the neckline as the RSI will go into oversold conditions.
Let's see how this plays out over the next few days.
Comment:
We got the bounce as expected. Let's see it test that 1st resistance line at $9400.