Bitcoin Forming Head & Shoulders – Watch for a Fake-Out

21 apr

Pattern Formation: A complex Head and Shoulders structure is forming:

1. Left Shoulder ✅
   
2. Double Head ✅
   
3. Right Shoulder forming 🔄
   
   

Resistance Zone: The price is currently near a strong resistance area (around $87,000–$88,000).
This zone is likely to act as a ceiling and reject the price.

Expected Move (Blue Arrows):
shows a possible fake breakout above the resistance.
Then, a strong drop is expected, targeting:

First support near $78,000

25 apr

Trade chiuso: stop raggiunto