$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:
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: