The count update will follow in the evening (UTC+2). But here is a bearish SHS pattern in BTC for now.
The neckline is already broken and I am hoping for a bearish retest of the neckline.
The minimum target for this pattern is 11500$.
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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