Double Bitcoin Head & Shoulders

2018年5月23日

Bitcoin just broke the right shoulder of a H&S which will lead to breaking the right shoulder of this massive H&S pattern if it reaches its target. My short term price target is $6600.

2018年6月5日

註釋

Looks like the trade needs longer than I anticipated. My target is still valid although BTC will need to build more momentum to break through the neckline.

2018年6月5日

註釋

Trade is green though.

2018年6月12日

註釋

Although it took longer than expected we just hit $6600 and are losing further ground.

I think BTC will continue to fall further to somewhere between $1500 and $5000.

That is a pretty wide spread but the magnitude of this H&S is making it difficult to make out an exact target.

2018年6月12日

交易結束：目標達成