BTC head and shoulders short to re-test lower channel
Potential head and shoulders short to re-test lower channel.
Let's see if BTCUSD breaks lower here to continue the H&S pattern. The lower wedge trend line sits at around $10,700.
Note we really need to re-test the wedge breakout to confirm a healthy uptrend anyway!
If the lower channel breaks, we are headed to re-test the 10k tether support fund, followed by the 9k long term trending support.
Let's see if BTCUSD breaks lower here to continue the H&S pattern. The lower wedge trend line sits at around $10,700.
Note we really need to re-test the wedge breakout to confirm a healthy uptrend anyway!
If the lower channel breaks, we are headed to re-test the 10k tether support fund, followed by the 9k long term trending support.
Penafian
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