Further downside to complete right neck-side of H&S

As you can see from the chart, BTC is heading towards trend lines marked by deep blue horizontal lines. Once each support is breached one can expect further downside. Barring the occurrence of a black swan, BTC should bounce off of the lower resistance and head close to previous highs before further downtrend, this completing a full H&S pattern.
Trend Analysis

Wyłączenie odpowiedzialności