TradingView
Engindzhan
Aug 19, 2021 6:29 PM

BTC/USDT | Daily | Porabability for Head and Shoulders 

Bitcoin / TetherUSBinance

Description

In this daily view I am noticing a pattern which is known as head and shoulders which is one of the strongest trend reversal formations in trading.
Be careful bulls, since the head has 10% gain which means if we break under the support zone we will see a drop of the price of around 10% to the target zone marked in green(the zone below)

This is not a financial advice, please make your own analysis before you take any action.
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