Naem80

BTC Possible H&S

Short
COINBASE:BTCUSD   Bitcoin
Seems like we might have a possible H&S on the daily. Buyers need to step in here. We might get some consolidation or distribution in this zone until it plays out. Miners outflow was about 500-600 BTC this morning. CME gap from Friday is also in the low $18000s, which is usually a 50/50 shot of getting filled but if it’s so close the the current value then there is a chance. We also have the Mr Gox FUD to deal with, which will probably get delayed again. Last thing, not charted but on the weekly it looks like we got a Hanging Man candle which is a bearish sign. Trade safe and good luck
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