BTC: Head and Shoulders?
Days ago I draw a chart just to monitore a possible Head and Shoulders for Bitcoin (see related ideas: July 30, 2019). The recent price action has worried me. We have almost all elements of a Head and Shoulders for BTC.
Look at the chart: we have a clear neckline, and a lower volume on the (possible) right shoulder. The only problem with the chart I draw is that the right shoulder is a bit higher than the left shoulder.
Look at the chart: we have a clear neckline, and a lower volume on the (possible) right shoulder. The only problem with the chart I draw is that the right shoulder is a bit higher than the left shoulder.
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