BITCOIN: Potential double top followed by a head & shoulder

6 Eki 2017

Bitcoin have a really hard job to break the resistance zone of 4350-4480. There is a big change to make a double top and go down to make a new head- & shoulder pattern. The trading volume is confirming this trend.

I expect to fall back to maybe 3900-3950 range. I'm not saying it will happen, but people should be really careful trading crypto now!

6 Eki 2017

Not

It looks like the head- & shoulder forming now. If it happens, we open a short with a target of 4020 with a stop-loss at 4350.

7 Eki 2017

Not

The head- & shoulder is formed. I think there is a really big change we gonna go down.

7 Eki 2017

İşlem aktif

Here a quick update! Shoulder pattern confirms. First target about 4200 usd.