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BTC: H&S forming. Target $5900 in short-term.
Bitcoin
Short
BTC: H&S forming. Target $5900 in short-term.
By mhfcrypto
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Updated
Aug 16, 2018
8
Aug 16, 2018
H&S forming on 30min. Price hovering around top of Ascending Triangle acting as support line.
If price hits $6199 soon, I'll seriously consider going Short heavy.
Stay Sharp. Be ready to Adapt.
Aug 16, 2018
Note
On track, slight adjustment in timeframe.
High Risk Traders could consider going Short now with very tight Stop-Losses.
Lower Risk Trader wait for confirmation of H&S.
Beware the Bull Whales and then sudden Manipulations on a whim.
Stay Sharp. Watch your six.
Aug 16, 2018
Note
Aug 18, 2018
Trade closed manually
H&S could still play-out on the Daily. See latest Idea Published.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Chart Patterns
Technical Indicators
Trend Analysis
mhfcrypto
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