atomica

Head and shoulders with proper neckline

atomica Updated   
BITSTAMP:BTCUSD   Bitcoin
Strong H&S pattern with clear neckline/reversal pattern
Comment:
Trend-line becomes resistance and meets with H&S. The next move down would break strong resistance and liquidation zones and put us in the shopping zone where I would expect the market to range between 6k - 8k

www.tradingview...dline-exacetly/?fbclid=IwA...
Comment:
Bouncing off the reversal line
Comment:
Looks like an unexpected reversal triggered a bunch of sell orders but like I said breaking the reversal line would spark bullish momentum,
Comment:
Red line still acting as resistance

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