BTC price action : neck line support

13 May 2021

As I had expected it has formed the head and shoulder, price taken a support from neck line, now previous supports are become resistance that is, 54k and 56 k. Downside, If neck line breaks out, that is below, 45K, you will see minor support at 43 k then major one is at 40-41k. If it doesn’t hold the price then short it for 29 k