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ManuNotWill

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC head_and_shoulder
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trendanalysis chartpattern indicator btcusd btc head_and_shoulder
BTCUSD 1H

- H&S with confirmations
- Volume descending trend matured
- MTF Volatility stop bearish break after long consolidation

Expecting volatility in the next hours, with direction to the downside.
Komen:
You can see volume increasing while the price is goin down. 15.4k is only a temporary support.

I expect PA to push further down.
Komen:
PA retesting previous pivots in yellow.
Volume had a descending trend during price pump, but the pump may not be finished,until a breakout.
At most price will peak to 17k~17.5k to trap longs and then dump to new lows. Maybe PA will also retest trend line in red.
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