Continuation patterns? Short

Bitcoin / TetherUSBinance

Description

⋅ Apr 7, 2018 9:44 PM

Big Day for BTC

Toasted 4hr RSI levels, potential H&S Continuation, Limited volume.

Feels like a short with a tight stop.

Potential entry on breakdown:
Entry 6945
Stop 7154

Target Sub 6.

Trade active

⋅ Apr 8, 2018 10:41 PM

Right shoulder much larger than expected, challenging short term trend lines.

However still within range. A breakdown should confirm trade shortly.

Stop intact at 7154