Bitcoin
Short
Updated

BTCUSD Head & Shoulders is forming dump after breaking neckline

12 105
As we can see price is showing weakness near-daily resistance zone and we mentioned this in previous analysis too:
BTCUSD Strong resistance is ahead (200MA and main trendline)


Now we can see that we may have a Head and shoulders near this strong daily resistance zone(breaking neckline is needed).

The target and support zone is near 34K-36K.

DISCLAIMER: ((trade based on your own decision ))
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Note
Price is near local support and neckline

As we said if breakout happens btc can dump more

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