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BTCUSD Major Sell NOW!
Bitcoin
Short
BTCUSD Major Sell NOW!
By nikdobii
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May 8
2
May 8
Simple trading - Heads and shoulder
BTCUSD is dropping below the 1hr heads and shoulder pattern.
2 things will play out here,
1. BTC will continue to drop to target @60k or retest the previous resistance @62k then drop to the 60k level.
2. BTC will reject the head and shoulders pattern and regain bullish strength back up to 64k
**If BTC fails to remain above 60k price may fall to to 57k (daily support)
BTC
btcsell
BTCUSD
Chart Patterns
crypto
dollar
Technical Indicators
marketstructure
Trend Analysis
US
nikdobii
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