ShivaNICKARIA

ShivaNICKARIA Updated 

As showed previously we have a big HS pattern in daily chart of BTC. At the end of right shoulder, it formed a W pattern and a reverse HS pattern which are reversal sign for BIG HS pattern. We saw a retrace for break down the main HS neckline which was not successful BUT not weak also and there was no fast rejection. (Neckline touched (8400 area), Go down to 7900...

ShivaNICKARIA Updated 

IN long term chart we can see a head and shoulder pattern. It's neckline is critical for BTC. Break down below neckline is negative sign. Support in neckline is vital.

ShivaNICKARIA Updated 

Reverse H&S pattern seems to be forming in daily chart. It can made another buy opportunity in bottom of next shoulder! BUT after trend confirmation. sit back and watch!