RomanoRnr

Inverse head and shoulder -> Bullish or Bearish

BITSTAMP:BTCUSD   Bitcoin
This is the first time I drawed a head and shoulder.
I hope I did a good job.

There is some thick support on the 449-480.
If it breaks, we can see some panic.
The neckline is arround the 440.
it it goes even more down under the Pull back line, I don't think Bitcoin can recover really quickly again.

To short or go Bullish is your own choice. It really has 2 options

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.