top of page

Bitcoin massive drop on H&S Pattern

News Headline for Bitcoin: Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are faring even worse [by CNBC]


https://www.cnbc.com/2018/01/16/cryptocurrency-sell-off-bitcoin-and-ethereum-performing-better.html


Before the drop, a Head & Shoulder Pattern was formed. on hourly chart 14,000 being the neckline of this pattern, price tested this level a few times and finally gave way yesterday and plunge close to 10,000 .

Bitcoin

Happy Wednesday :)

 
Featured Posts
Recent Posts
Archive
Search By Tags

Contact Us:

TYJGFuturesTrading@gmail.com

Visit our FaceBook page:

https://www.facebook.com/cthtrader

--------------------------------------------------------------------------------------------------

RISK DISCLOSURE STATEMENT:

Futures Trading is speculative and is not suitable for all investors. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This brief statement cannot disclose all the risks and other significant aspects of the Futures markets. You should therefore carefully study Futures Trading before you trade. Information and trading tools provided in and through this website are for general information purposes only. All investments involve risk, including potential loss of principal. Clients must consider all relevant risk factors, including their own personal financial situation before trading. 

bottom of page