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JozoB

I put a H&S in your H&S... CME contract end 26th, dip to 8k-ish?

Bitcoin (BITSTAMP:BTCUSD)  
JozoB Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis CME BTCUSD
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trendanalysis beyondta cme btcusd
Observing how BTC loves H&S formations you can never put too many of them in the chart. :) I'd like to hope that the dip is over and we can go on with our lives, but many TA I've seen and articles I've read mention that 8k target. Could still be valid and considering CME contract end on 26th this could be a plausible move. Happy surfing!
Comment:
H&S with angled neckline formed. Neckline broken. This could be the first shoulder forming of the larger picture. Probably won't dip as first predicted, but a bit less. I predict maybe to 10.5k and then back up.
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