BTC.USD - Head & Shoulders Formation ( Short Opportunity )

Dec 30, 2017

Trading Pair: EBTC.USD
Time Frame: Daily, 4hr & 1hr
Predicted Direction: Short

Live BTC.USD updates will be available in the comments section below.

Dec 30, 2017

Note

Break of the neckline, potential short opportunity.

Dec 31, 2017

Note

Dec 31, 2017

Note

This is the 3rd time price has broke and closed below the Daily 50EMA which could be hugely significant.

Jan 1, 2018

Note

Break & retest of H&S neckline, i would now like to see a break and close below 12758 to confirm the overall downside short term.