Head and Shoulders on Bitcoin. Too early? Buy target $9800.

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Is it too early to call this H&S pattern? We'll soon see.

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ملاحظة

It does appear we are heading to $9800

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أغلقت الصفقة: تم الوصول للهدف

We hit $10,488 earlier than expected. This provides good support and makes our $9800 BUY target less likely (though still possible). I have opted to buy in here instead.

Best of luck traders. I'll be closing this one out.

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ملاحظة

$9800 was nearly touched yesterday. Looks like we're forming a bear flag now. Be prepared to touch our daily 200ma at @$9000.