Potential Head and Shoulders forming on BTCUSD
If we don't correct soon we may form a Head and Shoulders pattern. Volume isn't perfect but would look better if people wouldn't panic sell at first drop. Ichimoku cloud and EMAs are also bearish, confirming that we may go lower and finish the last down wave.
If this pattern plays out we may break through 10k$ support.
If this pattern plays out we may break through 10k$ support.
Komentarz:
I think this pattern has been invalidated since we broke above the shoulder area. We already tested it as support so expecting it to go higher:
