Fox666

Variant Inverse head and shoulders

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
This would mean a drop to 6000-6500 and testing weekly MA 200 and subsequent growth. After completing the right shoulders, a massive increase to $ 17,000 would follow (Wave III )

Comments

You were right. Good Analysis
+1 Reply
Are we gonna break that 10k or still consolidate in 9k area?
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Milos1902 Milos1902
Or dump below all the way dooooown to 2k area?
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Fox666 Milos1902
@Milos1902, The longer the consolidation takes, the more aggressive the dump or pump will come. I wouldn't be surprised if the dump came to 6000 and the fall would last 30 minutes.
Reply
Fox666 Milos1902
@Milos1902, 6000 - 6500 will be a crucial area for the decline to 2000
Reply
I see bulls convinced you, yet, technically previous high at 10522 has not been taken ...
Reply
Fox666 Jolgan
@Jolgan, Bulls not convince me until exceed 10500. H&S is just one of the options.
Reply
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