Big Head & Shoulder pattern formed (H_1, S_1) and failed to go down hard
Another smaller Big Head & Shoulder pattern formed (H_2, S_2) Also failed to continue downtrend.
Watch BTCUSD closely in the next few hours/days
Below $12K is a good sell with a target to $8K then $6K and stop loss $12500
Above $16K is a good buy with a target to $19500 then $22K and a stop loss of $15500
Another smaller Big Head & Shoulder pattern formed (H_2, S_2) Also failed to continue downtrend.
Watch BTCUSD closely in the next few hours/days
Below $12K is a good sell with a target to $8K then $6K and stop loss $12500
Above $16K is a good buy with a target to $19500 then $22K and a stop loss of $15500