Get started
Bitcoin

Head and Shoulders on Lower Time Frame

By thedjhenny
Updated
I'm predicting a drop to 32k support in the next few days if this head and shoulders pattern completes. There should be some good buying opportunities around that level.
Comment
The right shoulder pattern did end up completing and we saw a drop to 35k. If 35k support does not hold then the next support level will be around 32k.
Chart PatternsHead and Shoulders
thedjhenny

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.