TradingView
BBlokx
7. Nov. 2017 19:37

BTCUSD 4hr- H&S pattern - Possibly trend reversal? Short

Bitcoin / U.S. dollarBitstamp

Beschreibung

Spotted a Head and Shoulders pattern on the 4 hr chart BTCUSD. The neckline of the H&S pattern crosses close to the 50 day MA. Can we expect a short term downtrend if the trend crosses these levels? Leave your thoughts below. If you have any comments/questions please let me know.

Cheers.
Mehr