ikc7979

BTCUSD - SHORT

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin appears to be forming a Head and Shoulders pattern on the 4h TF. If the Right Shoulder does manage to finish forming then a break below the neckline would trigger a sell off down to the 8k level.

Short biased for now.

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.