Heads and Shoulders - 85% chance we're heading down
The neckline was broken twice (light blue line) by wicks, and we're returning convincingly back, this time to 17k region which is the completion of the heads and shoulders, the completion of Secondary Wave 4 (yellow line) and the convergence of several trend lines (green lines).
The Heads and Shoulders pattern is a reliable predictor (85% probability) of a trend reversal when the neckline is broken by a candle close. Recommendation: sell now and double your BTC at 17k when this happens.
The Heads and Shoulders pattern is a reliable predictor (85% probability) of a trend reversal when the neckline is broken by a candle close. Recommendation: sell now and double your BTC at 17k when this happens.
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