The head is composed of a double top. The current form is closer to the head and shoulders . Once confirmed, the market will inevitably fall sharply, so my trading view is to go short as much as possible. The important resistance is 66,000, the support is around 58,000, and the target is 53,000-52,000.
This is a large trading space that requires sufficient trading funds and patience. If you have such conditions, you can follow my strategy and the probability of profit is about 90%.
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It’s an obvious head and shoulders pattern, so just go short.
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The bears continue
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Continue to pay attention to the resistance near 66000. If it cannot break through, go short again
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The rising strength has not yet ended.
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Indicators show bulls still have upside momentum
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The resistance is still around 66,000. If it cannot break through, it will fall again. Today's trading range is 66,000-63,000. The general trend continues to be short, with the target below 60,000.
price completed your right shoulder, lets wait for breakdown now
MHDRihan
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yes price touch the point wait to down trend
MyCryptoParadise_Simon
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I appreciate the heads-up on the impending sharp market fall. Those resistance and support levels will be key to watch in the coming days. Ready to short with caution.
eris1358
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it's not a complete patern
MVPMC
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going to 90K, top of macro wedge, then drop to bottom of the wedge around 54K