Topic: Bitcoin - possible shoulder - head - shoulder? (Read 139 times)
Bitcoin is trying to make its resistance line quite deep, I think for a few days it will see a price below $ 30,000 for the start of February. But it is necessary to be careful in analyzing as you describe it, we fully observe that the shoulder line will be slightly flattened.
Today it's more like Head - Shoulder - Knees and let's pray it won't go that deep to the Toes.
At the end Bitcoin will recover but I don't know if this dump was expected in the shoulder - head - shoulder.
At the end Bitcoin will recover but I don't know if this dump was expected in the shoulder - head - shoulder.
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Is it a possible shoulder - head - shoulder? What do you think?
Looks like one but I don't consider for it to be head and shoulders. Both shoulders should be on the right level or in-line.
https://www.investopedia.com/terms/h/head-shoulders.asp
In forex ways then this means a continuous game tug of war which can way say that price is really moving actively on these levels.
Market demand will be the main factor on where it would be heading.
worthy bump
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