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cryptojames
Sep 9, 2017 8:18 PM

H&S BTCUSDT 

Bitcoin / Tether USDPoloniex

Description

watchout daily chart forming bearish hns pattern possible to test 3300 support

Comment

broke hns pattern will continue original trend
Comments
Brisben
I think the left should is too high for H&S
cryptojames
@Brisben, how come i thought hns should be head higher than left and right and right is higher than left but lower than head
Brisben
@cryptojames, No, shoulders should be equal height.
investopedia.com/terms/h/head-shoulders.asp
cryptojames
@Brisben, actually i think it doesnt matter as long as it forms a hns pattern
investopedia.com/articles/technical/121201.asp
Brisben
@cryptojames, Interesting. Good article. 3300 is a stretch though. Gotta see how strong 3900 holds first.
cryptojames
@Brisben, lets see this would probably be a bear week for btc
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