BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             is forming dangerous Head & Shoulders pattern . Volume is low . It means that demand is small and this price is not interesting for market makers .Also BTC             couldnt break downtrend line .If volume increases with up bars and we break out trend line we have clear way to 9800$.But in the other hand breaking out the neck line of H&S pattern will mean the following fall may be to 5k.
Comment: Broke out resistance may go 9000 $ and higher
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Are we set for new highs or the correction is not over and might come back down after reaching 12-13k?
Go to sleep
@fiksiplay , it does not really seem like volume is increasing at this stage? What is your opinion?
fiksiplay PRO BrettduPreez
@BrettduPreez, yeah , we broke it with good volume
What do you think now?
thanks my dear...
@mago5602, I showed sell and buy limit .is there smth wrong?
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