reneordosgoitia

THE PRICE IS IN FORMING A HEAD-SHOULDER PATTERN.

COINBASE:BTCUSD   Bitcoin / Dolar
If the price break the neckline area, according to fibo analysis, the next area is rounding the 8000.
Komen: the price is breaking the neckline of the H-S pattern, if the price rebound in this area to go short. The 8000 level is the next chance to go long.
not sure you chart is updating ... :)
Balas
majorlee majorlee
@majorlee, my mistake :) working out so far
+1 Balas
@majorlee, what I think is not confirmed yet, until the price break the neckline. The price can just find a support area and start to run up again.
Balas
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