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Scalper_Season
Aug 5, 2021 1:10 PM

Nice BTC head and shoulders pattern Short

Bitcoin / TetherUSBinance

Description

As we mentioned in previous idea, the head and shoulders pattern appeared.

Good time to enter a short position.

The target is above 34500-33500.

Good luck!

Comment

Just another pump to hold BTC higher. Maybe because it could go down too fast. It will anyway do it tomorrow (Friday). Maybe to gather more long positions and cut them off on holidays…Anyway, this is just a question of time. We will se…ell:)
Comments
FieryTrading
Thanks for the analysis
CryptoCafeClub
Text book Head and shoulder but btc always surprise everyone. thanks for the idea
JohnTraden
Do you think the higher high can be considered a second shoulder?
Mihai_Iacob
Good analysis.Thanks for sharing
shoxee4
Seems Legit to me! They pump hard if they want to dump hard.
DukeDinhd6
rekt
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