botje11

Crypto showing short term Weakness, TRX H&S in the making

BITFINEX:TRXUSD   TRON / Dollar
Bitcoin took a small hit today but alts have been taking bigger ones. TRX has been holding it's ground so far, but there is a potential small H&S in the making. The high should be set already for the right shoulder, but there is a little bit of room left. ABove the red zone it's probably not an H&S .

If it starts to drop again and make a volume break of the neckline, the target is at the green support zone on the left.


Previous analysis:
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still if it didnt worked out it was a good analysis thank you david.
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invaldated already?
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sorry but this one was not serious
we can't just project one H&S pattern like this before even forming the lower high, probabilities it would happen were just unknown
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@Maped, That is true, but a non gambler waits for it to touch the neckline at least. The setup was there, so posting it to prepare our selves. With Bitcoin being at a big support zone while posting it, the timing was there for it too happen
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wired
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