$NCASH past Head & shoulders Pattern.

412
Timeframe: 1hour
As spotted in the chart, we have seen a Head and Shoulders (H&S) pattern in BINANCE:NCASHBTC.
Now we are out of the H&S and going down looking for some support. If BTCUSD doesn't move a lot for some hours-days it is likely we are going to hit support zones.
That been said, it will be a nice opportunity if we see some volume coming in support zone for re-entry positions.

But you now, I always entry a small position in case we go down to next support and you can buy a bunch more there.


NOT FINANCIAL ADVICE. This is me recording some thoughts for backtesting in the future :)

By the way, thanks for watching/reading :)

I wish you all the very best!

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