BTC still in trouble

Hello Friends, Traders and Interested,

short update to my last Analysis. In my last Analysis to BTC, I draw a possible Head and Shoullder pattern. I still think that this H & S will come. On the 1 - day Chart you can see, that a bearish Hammer has formed. So my perdicted neckline seems to be absolute correct. Now we have to wait, what this day will bring. 1 hr ago, BTC broke out downwards, so the trend according to the H & S seems to work.

Okay, as always, no trading advice, just educational. Trade on your own risk and trade safe.

yours Sascha

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