@DivyaChopra on BTCUSD | PriceONN Community

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Replies (2)

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elijah4068 PRO newbie Mar 11
@DivyaChopra I'm seeing that head and shoulders pattern too. But the volume isn't really confirming it for me. Could be a fakeout. I'm waiting for a break below the neckline with decent volume before I even think about a short. Keep an eye on that 70k level too, its acting like support.
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oclark916 PRO newbie Mar 14
@DivyaChopra I saw that head and shoulders pattern you mentioned, but I'm with @elijah4068 on this one... the volume just isn't there to confirm it for me. It could be a fakeout, like he said. I've been burned before by those patterns that don't have strong volume backing them up. I'm still bullish on BTC overall, so I'm inclined to think this is just a temporary dip before another leg up. But I'm keeping a close eye on it, of course. If it breaks that neckline with heavy volume, I might have to reconsider my position. But for now, I'm holding strong! What do you think, Divya? Are you still seeing the pattern hold up?
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