As we can see here head and shoulders pattern playing on btcusd weekly line chart,
and if its actually h&s pattern and if it plays out then we are heading towards 4100-4200
dollar range where we started this mini bull run earlier this year.
Please take a look and comments are most wellcome.
In this chart as we can see that hash ribbon looking to fall from cliff and
if that happens then as we can look at last year capitulation ,,we are near to
another price crash falling to trendline which gave support last time to btc price.
Please have a look and comments are most wellcome.
i see here an same descending triangle formation on monthly time frame which we
had also in 2018 monthly btcusd charts..if it is so and this tringle formation get broken
to the downside then the would be around 2800 usd per btc.