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Bitcoin: Bullish H&S or Bearish Pullback?

COINBASE:BTCUSD   Bitcoin

A small bullish reversal H&S is forming from January 5th to today (the right shoulder is still missing)

the neckline seems to continue perfectly the neckline of the bearish weekly H&S formed from August to January

pay attention to the low of the left shoulder, a decisive break below 39000 would cancel the hypothesis of the reversal bullish H&S and confirm the pullback on the first neckline, that is the 5-month H&S, bearish, which for now remains the main figure, the first target would be the 30,000

Penafian

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