nadineb

What's it gna be?!

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BITSTAMP:BTCUSD   Bitcoin
My first published idea. Still learning patterns, trends, indicators, etc. Asking for advice and constructive criticism on my idea, please!

What I see here is a classic H&S pattern and a rising wedge pattern.

Suggestions and advice on my TA is greatly appreciated! What other indicators can I look for to better predict the possibilities?
Komen:
We broke through the bottom of the rising wedge, we also just broke below another downward channel... downward movement clearly confirmed.

Next target is the neck of the H&S pattern.

What do you think, will we bounce there or drop further?!
Komen:
Not only did we break below the bottom of the downward channel, the 1 hr candle closed below it. Strong bear indicator.

If we break below the bottom of the neck line, what would our next target be?
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