EminenceGrise

BTCUSDT: Head and shoulders?

שורט
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon, dear traders! I decided to give the analyst on a larger timeframe. I see a good resistance level at $ 6500. I believe that Bitcoin will not be able to break through it. At least not right now. The maximum possible false
breakdown, but judging by the indicators, this is unlikely. Also here you can notice the head and shoulders pattern that gives additional confirmation of my words ...

I think that you need to look for an entry point to the short in the range of 6500 - 6600 $ so as not to get into a false breakdown.

If you like my ideas please hit the like button. I'll be very happy.
Thanks for your support. Have a good day and may the profit be with you!
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