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ThomasBlikshavn
Oct 27, 2017 7:40 PM

Bitcoin possible head and shoulders pattern  

Bitcoin / Tether USDPoloniex

Description

There is a possible head and shoulders pattern in development, indicating a near-term drop from recent all time high to the 4500-4800 area. Also RSI divergence present. I believe the most likely subsequent development is an increase to around 7500-8000 USD

BTC: 13eVMvyAdSQSPrgmRV1MYDDMNA7MZhrPta
Dogecoin (wow, such crypto): DFXQhawAjqLzNjN9YQUBBPm4nmU7UDZ7AC
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