All eyes on the breakout of Bitcoin's Head n Shoulders ?

I am not a big fan of HnS formations but I have to admit that most of the novice crypto traders are looking this pattern and probably are ready to jump into their long positions after the breakout of the neckline. Be aware that by taking this long trade you re going against the overall bearish trade and you need to be extra carefull. I ll keep an eye on this and try to measure my risk before I enter the market.

Kommentar:

Wow that was a fast move to catch...enjoy profit guys