BitcoinShort
Bad scenario if H&S proved / 7800 possible
8901 is a value we know well : it a stong base for the big H&S that could :
- send back to 8901
- then bounce to 9400-9500
- retrace to 7800 = 20/21 may
The size of this H&S is around 1100$ : 8901 - 1100 = 7800
The danger for user is to take right shoulder as a good signal to cross again 10k, the would be disapointent if my scenario is valid.
- send back to 8901
- then bounce to 9400-9500
- retrace to 7800 = 20/21 may
The size of this H&S is around 1100$ : 8901 - 1100 = 7800
The danger for user is to take right shoulder as a good signal to cross again 10k, the would be disapointent if my scenario is valid.
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