$BTC Potential H&S #Sequential

1 Ağu 2019

BTC has recently completed a Sequential [S13] Sell Countdown.
This sequential count was preceded by a combo 13 and an Aggressive 13 which completed a double TOP pattern. (H)

The current Price consolidation and the previous one between May/10 and Jun/05 could form the Shoulders (S) of a global H&S pattern.

The Right Shoulder could be completed within the current bear channel before a stronger move down

On Weekly chart, Price is coming back to previous TDST Resistance.
If it cannot hold as a support, this could confirm the daily chart pattern.

MATHR3E

Sequential indicators:

• TD Enhanced Sequential
• DeMARK Combo Extension