Bearish head and shoulders
We had an breakout/ fake out yesterday
Now we are back in the symmetrical triangle and forming an bearish head and shoulders on the 1 h time frame, I expect an dump to 10600!
If we find support and consolidate on 10600 we might can flip back to be more bullish.
Also watch out as there an bearish divergence on the monthly candles. This could indicate that btc is not that bullish as it looks
Anyways target for next move in my opinion is 10600
We had an breakout/ fake out yesterday
Now we are back in the symmetrical triangle and forming an bearish head and shoulders on the 1 h time frame, I expect an dump to 10600!
If we find support and consolidate on 10600 we might can flip back to be more bullish.
Also watch out as there an bearish divergence on the monthly candles. This could indicate that btc is not that bullish as it looks
Anyways target for next move in my opinion is 10600
