ZoeBouvier
Short

BTC Head and Shoulders. Short??

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Here is my first post. BTC             about todo a breakout to the downtrend? whats your thoughts?
Comment: Head and shoulders also lines up perfectly with the upward trend line. If we break that, we could be seeing a blood bath....
Could it be a bullish white swan?
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ZoeBouvier pladobrev
@pladobrev, we have a crossover with the upward trend line and head and shoulders pattern. so if there is a breakout, we will be out of the upward trend. I can grantee you there will be no bullish white swan for the time being. ill be watching my fib levels at 9800, 9100, 8300,7500, and 6.
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I don't understand how bulls are letting H-S pattern.
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ZoeBouvier alienalp
@alienalp, Idk either. I find too many people refuse to believe the possibility that bitcoin going down again. and forgetting that btc is still in the bearish channel since dec and not to mention 5th wave correction has yet to happen unless its broken out of that channel and actually confirmed bullish.
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