BitcoinShort
$btcusd Eventual head and shoulder / right shoulder below neck!
BTCUSDThe previous double top has failed with the price searching for new highs and printing a new weekly fractal resistance at 9096.
Another double top, this one already validated with a broken neck, with the price finding support at 7511 and 7513 between the daily fractal support and the 4h fractal support.
The most recent daily and 4h resistance forged at 8090 and 8057, apparently and for now, the price still rejecting to recover above the double top broken neck.
Eventual head and shoulders now forming the right shoulder inside a bearish pennant. The default projection for the head and shoulders throwing the coin into a cluster between 6k and 5500, with the 200ma also pointing 5796 at this point.
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