False breakout! BTCUSD
Updated
Hi guys!
It seems we had a false breakout. We did not have enough volume to push the price higher.
Reversed hammer/shooting star is forming = strong reversal sign.
Closing below mid-term downtrend daily means we are still bearish.
First target is 9.3k, our previous low.
It seems we had a false breakout. We did not have enough volume to push the price higher.
Reversed hammer/shooting star is forming = strong reversal sign.
Closing below mid-term downtrend daily means we are still bearish.
First target is 9.3k, our previous low.
Comment
Head and shoulders formed on 15 min chart.Disclaimer
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