BTC - Double-top drop to between 71xx-69xx then bounce to 7700

BTC - Double-top drop to between 71xx-69xx then bounce to 7700

Yorum:

This move by BTC appears to be part of the head and shoulders stragedy in the graph below to to get BTC to 9600 ..

Yorum:

sometimes you just gotta go down to get up ..

Yorum:

Wahoooooooo.........This is just great .. The fact that we had not gotten to the 76xx was area was a bummer as it broke the head and shoulder pattern above.
But BTC has now completed that move and now needs to drop to the 70xx -69xx area to complete the right shoulder . After that its showtime and BTC is now ready to tackle the 8k and upper 9k areas.

..Go Get'em BTC ...

Yorum:

Yorum:

Looking closely i realize this head and shoulders pattern could also be slanted .
This does not change the ending move which will still be 9600 .
But being slanted the drop down to form the right shoulder can be as low as 6800 before moving back upwards