Lilalisa

BTC, the big H & S still on track?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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Hello Friends, Traders and Interested,

quick update to BTC .

My Chart idea above is one week "old". In my opinion still working as predicted. At this very Moment we see a fall now to around 7.250 - 7.300. Than a retest at the main Neckline at around 7.900 - 8.000. And there we might have a very important decision. If BTC will cross this Neckline the correction might be over. If BTC will not be able to cross the 8 K we might see a deep fall to first 6K ,than maybe to 3 - 4 K. Lets wait and see. I will stay here and update my ideas frequently.

As always, no trading advice, just educational.

Yours Sascha

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Here zoomed out, as you can see, BTC fell down exactly from my painted Neckline. This might Show, that the H & S is obviosly on track. Maybe, we will see.

Hello my Friends,

I will not post the actual Chart, but..... my prediction seems to be very well running.....

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Hey together,

Price nearly perfectly reached my predicted retest point. N&ow retest Neckline around 7.900 - 8.000 and than? Deep fall?

We will see.

Yours Sascha
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