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the_sunship

false breakdown on BTC probable

Bitcoin (COINBASE:BTCUSD)  
the_sunship Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns Technical Indicators Harmonic Patterns BTCUSD
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chartpattern indicator harmonicpatterns btcusd
A breakdown on BTC would put in a nice daily bull divergence - I expect that breakdown to fail and move up strongly to test the previous highs (28k) and maybe higher. Would be a nice little trade before more downside. My guess is we are forming a head and shoulders topping pattern on BTC.

Good luck!
Comment:
looks good so far -
snapshot
Comment:
on its way, probably 28,500 is a good target
snapshot
Comment:
target reached, expecting lower now.
snapshot
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