๐#BTC Bearish Head and Shoulders๐
๐ง The downward trend line is broken, which means that wave 5 has ended, that is, the previous adjustment has ended. The end of the adjustment does not mean that the rise will continue, and it may also evolve into a larger downward structure.
โก๏ธStructurally, we have a bearish head and shoulders formation near the sell zone, so we can expect a pullback. Since there is a double bottom structure below as support, we are still in the rebound stage, so the bearish head and shoulders here can only be expected conservatively.๐
Donโt forget risk management๐ฏ
โ๏ธTrade safeโ๏ธ
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