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the_sunship
Oct 10, 2020 11:28 PM

BTC pitchfork structure Short

Bitcoin / United States DollarCoinbase

Description

This last move still looks corrective. The larger pitchfork geometry says to be cautious here. If we drop, it will be very soon.

I still think we go to the median line at some point.

Comment

might get one more high, shouldn't get past 11700 if this is correct.

Comment

note the tilted head and shoulders, still valid as a H+S with the tilt IMO. Also, no volume on this latest spike - very suspicious.

Comment

still within structure after failed breakout
Comments
the_sunship
I meant to say, " if we DROP it will be very soon. I still think we get to the pitchfork median line at some point."

I wrote too quickly last night.
Tooe4sY
That's a powerful analysis man
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