basilabuto

BTCUSD SHORT OPPORTUNITY (ALTERNATE TAKE)

Short
basilabuto Updated   
BITSTAMP:BTCUSD   Bitcoin
11
An alternative way to look at it would be in the form of a h&s reversal pattern that is in the process of completion as shown above.
Comment:
Break below neckline..
Comment:

Possible test of the 1.272 BC projection.
Comment:

Potential bullish butterfly.
Comment:
Comment:

First target reached. Reversal anticipated at this point.
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.