Head & Shoulders

Now we have a possible Head & Shoulders Pattern in the pair BTCUSD. If the price break the neck of this trading pattern at $6600 price, this movement could increase some $ 500, and find the first target at $ 6,800.oo and the second target could be the red bearish trend line comes from the last highs of BTC at $7,000.oo. The important point is that the Bulls consolidate the price of BTC above the $ 6,600.oo to see this possible movement.

This information is for information and educational purposes only.
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsCryptocurrencyresistencesupporttradinganalysisTrend Analysis

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