Head and Shoulder is forming...
Updated
In my opinion, BTC price is retesting at 9500 level again before going down and creating Head & Shoulder pattern.
First target will be 83xx. Then price will go back to 9000-9200.
Second target might be 73xx but I dont think this is possible because the support zone 8300-8500 is very strong.
First target will be 83xx. Then price will go back to 9000-9200.
Second target might be 73xx but I dont think this is possible because the support zone 8300-8500 is very strong.
Note
Right shoulder is forming. When price reaches 8880, the pattern will complete.Note
Pattern formed!Next target is 7721.
Trade closed: target reached
Congrats!
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