QSP/BTC (Bearish Pattern?)
QSP/BTC
-If we will look at the chart right now
-It looks like forming a bearish H&S pattern
-But it is unconfirmed until the neckline is broken
-There is a sign of weakness because of the Lower High at 338
-I can see two scenarios for Quantstamp in my opinion
-A pullback to retest the neckline and bounce up to challenge the trendline resistance
-Second is to continue dropping confirming the bearish pattern
-The next support below is located around 128 sat area
-Be prepaid, don't forget to follow your trading plan, exit if trade becomes invalid
-If we will look at the chart right now
-It looks like forming a bearish H&S pattern
-But it is unconfirmed until the neckline is broken
-There is a sign of weakness because of the Lower High at 338
-I can see two scenarios for Quantstamp in my opinion
-A pullback to retest the neckline and bounce up to challenge the trendline resistance
-Second is to continue dropping confirming the bearish pattern
-The next support below is located around 128 sat area
-Be prepaid, don't forget to follow your trading plan, exit if trade becomes invalid
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