seeing btc right now i have done a small TA that i think is interesting for everybody.
so:
1. on the 2h time line we can clearly see a bearish Head and shoulders pattern that wants btc to lead us back to the 8 - 9k area
2. if we go there that will lead us to a bigger H&S pattern that will lead us back to last 6.4 - 6.8 area (the target where i'll go long
3. big rebounce on this line which follow the support trend of the last lows: 2017/07/15 -> 2017/09/14 -> 2018/02/06 (strong support)
Rsi overbought right now.
I think that this is a really possible scenario that could lead Btc to new ATH.
comments are more than welcome (positive and negative)
so:
1. on the 2h time line we can clearly see a bearish Head and shoulders pattern that wants btc to lead us back to the 8 - 9k area
2. if we go there that will lead us to a bigger H&S pattern that will lead us back to last 6.4 - 6.8 area (the target where i'll go long
3. big rebounce on this line which follow the support trend of the last lows: 2017/07/15 -> 2017/09/14 -> 2018/02/06 (strong support)
Rsi overbought right now.
I think that this is a really possible scenario that could lead Btc to new ATH.
comments are more than welcome (positive and negative)