BTC 240 min TF
Watch out for BTC and the possible Head and Shoulder reversal figure. If this pattern occurs, the price may go for new lows in the $39,000 area. For the pattern to be effective it must close a candle with intention below the rectangle drawn on the right shoulder.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.