BITCOIN Analysis
on weekly timeframe
Price is forming higher highs
while macd is forming lower highs
also head and shoulders pattern is forming
if weekly candle close below neckline of the H&S pattern, price may drop to the lower support.
Price is forming higher highs
while macd is forming lower highs
also head and shoulders pattern is forming
if weekly candle close below neckline of the H&S pattern, price may drop to the lower support.
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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.