MATHR3E

$BTC Potential H&S #Sequential

Singkat
BITSTAMP:BTCUSD   Bitcoin
$BTC has recently completed a Sequential Sell Countdown.
This sequential count was preceded by a combo 13 and an Aggressive 13 which completed a double TOP pattern. (H)

The current Price consolidation and the previous one between May/10 and Jun/05 could form the Shoulders (S) of a global H&S pattern.

The Right Shoulder could be completed within the current bear channel before a stronger move down

On Weekly chart, Price is coming back to previous TDST Resistance.
If it cannot hold as a support, this could confirm the daily chart pattern.

MATHR3E

Sequential indicators:

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Penafian

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