BTC Fibonaccis and possible H&S pattern

24 ส.ค. 2019

Zoomed Out chart of BTC, with 2 longtime fibonaccis, these are important support/resistance levels or zones.
Also a big H&S pattern is visible on the chart, its finished and below the neckline at the moment.

24 ส.ค. 2019

บันทึก

First test of the neckline, rejected

24 ส.ค. 2019

บันทึก

Better Chart with examples of broken neckline vs. rejection

25 ส.ค. 2019

บันทึก

I am trying to calculate a possible target for the H&S, not sure if I got it right that way...
Possible target is on point with the 1400MA, which is the 200MA from the weekly chart.