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VasilyTrader
May 18, 2023 6:23 PM

Bitcoin (BTCUSD): Watch Carefully ₿ Short

Bitcoin / United States DollarCoinbase

Description



Bitcoin formed a huge head and shoulders pattern on a daily time frame.
The price is currently testing its neckline.

If a daily candle closes below the underlined green area on a daily,
it will initiate a bearish movement.

A bearish continuation will be expected to 24400 then.

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Comments
TheNewsCrypto
Agreed, thanks for sharing
VasilyTrader
Wait for a neckline breakout, that is your trigger to short!
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