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Raul_Dominguez
13. Nov. 2017 06:12

Head and Shoulders Pattern on Bitcoin Cash Short

Bitcoin Cash / Tether USDPoloniex

Beschreibung

POLONIEX:BCHUSDT

It seems like we just made a Head and Shoulder Pattern on Bitcoin Cash, as seen in the chart. The price objective would give me a negative number, so there is no point on calculating it. But I would expect a deep retracement on it, maybe all de way to $400 dollars.

We’ll see, good luck to you.
Kommentare
RealDaniil
The graphic model "head and shoulders" is considered to be formed only when the neck line (support level) is pierced.
Raul_Dominguez
@RealDaniil, neck line at $1,200, price at $1,080, below. Neck line pierced.
RealDaniil
some curve you got the figure)
kwanghoon.ji
God bless .....
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