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Alexander_Nikitin

btcusd. H&S at the powerful resistance level

Penjualan
Bitcoin (BITSTAMP:BTCUSD)  
Alexander_Nikitin Diupdate   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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32
trendanalysis chartpattern waveanalysis
Price broke the neckline of the head-and-shoulders pattern. The target is typically calculated as the hight of the head projected to the downside. Look how perfectly the head-and-shoulders pattern worked recently.
Komentar:
as we broke the right shoulder the pattern becomes invalidated. An invelidated bear pattern is a strong confirmation of uside momentum. Look long on this asset.
Komentar:
9K is the potential next area of resistance.
Komentar:
9k area is reached as predicted.
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