HiasFiat

BTC Fibonaccis and possible H&S pattern

HiasFiat Updated   
BITSTAMP:BTCUSD   Bitcoin
Zoomed Out chart of BTC, with 2 longtime fibonaccis, these are important support/resistance levels or zones.
Also a big H&S pattern is visible on the chart, its finished and below the neckline at the moment.
Comment:
First test of the neckline, rejected

Comment:
Better Chart with examples of broken neckline vs. rejection

Comment:
I am trying to calculate a possible target for the H&S, not sure if I got it right that way...
Possible target is on point with the 1400MA, which is the 200MA from the weekly chart.
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