gr8fultrading

Head & Shoulders on BTC

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is trading indecisively (as are broader markets) and is forming a head & shoulders pattern right at the lower bear flag border. Neckline and target are shown here in purple.
Trade closed: target reached:
and still falling

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.