Head & Shoulders pattern forming on Daily Chart of BTCUSD. Below 30000 -> 27500, 26500, 25500, 24500. Major and strong support at in-between 28800-30000. Volume has decreased quite significantly. It can spill over to the either side. It will be under selling pressure until it crosses 43000 from below with volume after it has broken down below the neckline.
It can take a support here aswell and bounce back to 35-36000, 37500. There's only one way of knowing. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
It can take a support here aswell and bounce back to 35-36000, 37500. There's only one way of knowing. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
