toshkaman

Bitcoin is trying to thwart the head and shoulders pattern

COINBASE:BTCUSD   Bitcoin
On the weekly frame, there is a scary pattern that was about to be completed by breaking the right shoulder down, and Bitcoin rebounded during the last two weeks to fail the pattern, and the failure is confirmed by closing a weekly candle above 41K

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.