noble1ones

Bitcoin Potential Head & Shoulders Top Intraday!

Short
noble1ones Updated   
KRAKEN:BTCUSD   Bitcoin

Awaiting for it to snap. Potential target point has been marked on the chart! Then to the MOON! In my humble opinion.......
All the best!
Comment:
Just a little heads up:
Due to the extension of the sideways price range and low volatility structure, Bitcoin appears to be forming a potential consolidating running triangle. Whether wave c will extend to form a triangle in of itself could be a possibility which could potentially extend the triangle into the weekend, and then collapse price with a swift downward thrust to finalize the potential A,B,C zigzag correction rather than a H&S Top. In my humble opinion.
All the best!
Order cancelled:
And another one bites the dust! Bearish patterns failed. Breakout occurred upwards rather than downwards. My bad, next!
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