Allen_Ex

BTCUSD:Head and shoulders, short

Short
Allen_Ex Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS

The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000.

This is a large trading space that requires sufficient trading funds and patience. If you have such conditions, you can follow my strategy and the probability of profit is about 90%.
Trade active:
It’s an obvious head and shoulders pattern, so just go short.
Trade active:
The bears continue
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Continue to pay attention to the resistance near 66000. If it cannot break through, go short again
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The rising strength has not yet ended.
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Indicators show bulls still have upside momentum
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The resistance is still around 66,000. If it cannot break through, it will fall again. Today's trading range is 66,000-63,000. The general trend continues to be short, with the target below 60,000.
Trade active:
It’s time to start shorting

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