Bitcoin head & shoulders reversal - target level ~$5.8k

2017年12月26日

BTC/USD is showing a potential head & shoulders reversal pattern here. bearish confirmation & target are labeled on the chart, as well as bullish confirmation (IMO the bearish projection here is more likely statistically). bullish confirmation would likely bring it to at least 20k.

I might add a bigger write-up later if I have time, currently busy with my family. but I will quickly say that this situation and chart is eerily similar to the crash we had pre-Segwit1x fork.

trade at your own risk.

2017年12月28日

註釋

more and more it's looking like the bearish scenario is being confirmed

2018年1月1日

註釋

about to retest the neckline in the short-term

2018年1月2日

註釋

strong rejection of the upside of the channel here
still looking bearish to me; target remains unchanged

2018年1月5日

註釋

at this point it looks to me like there will be bullish confirmation soon

2018年1月5日

取消訂單

pattern invalidated. next stop 25K?

2018年1月8日

交易進行

it looks like my first chart (this chart) will actually be the correct path now.