BTCUSD H&S Pattern

11 Mar 2018

Possible H&S Pattern, watch for breakout of the 50% fib.

11 Mar 2018

Not

Heavy overhead resistance at the 50% fib and 200ma, the 20ma crossed under the 100, signaling bears.

However keep in mind that this could also be seen as a double bottom, which would be bullish, so watch for a breakout above the 200ma. Personally I see it establishing support around the trend line following the breakdown from the h&s

11 Mar 2018

Not

meant to say the 50 ma (yellow) crossed under the 100 (green)

12 Mar 2018

İşlem aktif

It has now consolidated and is breaking down as predicted,place close attention as we approach the right shoulder

13 Mar 2018

Not

Crucial moment here, watchout below!