Lets play a scenario that is likely to happen, which has repeated many times over in the history of BTC > both Macro and on the micro level (H & S). In this chart above, I have both the Livermore speculative chart along with the Head and Shoulders formation. I will likely not get the price levels right but I am comfortable with the thought that a similar formations will take place. Its like triangles, they appear everywhere on BTC. Note: MR and WR are monthly resistance and weekly resistance.
Either way, its a theory that I will look for alignment to make sense of the future price action.
As for examples of the top formation, look at a few examples below:
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