tncckn

bitcoin better to wait for a confirmation

tncckn Updated   
BITFINEX:BTCUSD   Bitcoin
decent head and shoulder formation at top, if it can breech left shoulder at 17700s expect big rally to follow, if breaks below 15900s there is a good 5000 point downside risk...
now it is a waiting game.
Comment:
didnt make us wait too long, nose dived after breaking the neckline lower.

formation target 2000 points away

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.