Clear Head and Shoulders Formation for BTC on the 4 hr chart
Low volume and slowing momentum has formed the last shoulder of the head and shoulders formation on the 4 hr chart. Look for BTC support around 8500, if that breaks look for 7900-7700 and then down to even 6700 for last stand of support.
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.