Hello everyone, this is no investing advice as I am no trader by any means.
It appears to me that a combination of apparent bearish and bulish head and shoulders patterns is forming on BTC/EUR (and BTC/USD) .
If finalized this will look like a magnified version of the already formed pattern and will result in a modification of the trend line inclination.
Unfortunatelly I cannot tell if this will end up being bullish or bearish, I am just trhowing an ideea here.
Cheers,
TR
It appears to me that a combination of apparent bearish and bulish head and shoulders patterns is forming on BTC/EUR (and BTC/USD) .
If finalized this will look like a magnified version of the already formed pattern and will result in a modification of the trend line inclination.
Unfortunatelly I cannot tell if this will end up being bullish or bearish, I am just trhowing an ideea here.
Cheers,
TR
Comment:
It endeed up being a real head and shoulders.