Daysandwicks

BTC Head and Shoulders Pattern, further drop likely

Kort
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello guys, once again keeping things as simple as possible.

Spotted potential H&S pattern on 3D chart, also visible on daily based on a current trendline as a neckline. Interestingly, we can notice it too on the RSI. It is not ideal but H&S can be pivoted like that.

EDITED: For more confused users, the head and shoulders pattern can signal a continuation and not a reversal, although it appears much less in that role.

Happy trading!
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