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Bitcoin Failed Inverse Head and Shoulder Pattern On The Daily
Bitcoin
Short
Bitcoin Failed Inverse Head and Shoulder Pattern On The Daily
By ama8999
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Updated
Jun 17, 2022
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Feb 21, 2022
After getting rejected by the inverse H&S neckline, BTC started dropping in a move below the right shoulder low, confirming the pattern failure.
Simultaneously it lost a few more key levels. There are high odds in favor of a continued descent into the low 30k level.
Jun 17, 2022
Trade closed manually
Bitcoin (Cryptocurrency)
BTC
Chart Patterns
cryptocurrencies
Technical Indicators
Trend Analysis
ama8999
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