BitcoinUpdated BTC DOOM
Same as with LTC's huge H&S that I posted yesterday, BTC formed H&S and approaching a neckline. The target... Let's don't even think about it. Look at my previous charts, and notice a green support line around 6.9-7k - this is a neckline. If it will be breached, things may turn very nasty. If you are a HODLer, please, rethink your strategy
Note
Please, disregard a price callout at 3322. This target is legit and corresponds to Weekly Ichimoku Cloud ibb.co/bJnHC7 and should be a hard as rock support, but it has nothing to do with this particular H&S
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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.