We are seeing that the BTC is creating a huge reversal of head and shoulders that promises a long-term reversal.
The shoulders are accumulating and need to cross the 11k5 level (Fibonanci 0.382) to break the bullish trend.
The MACD and the Histogram, RSI are showing uptrend.
Note: Careful
We are seeing resistance from Fibonacci 0.382 + trendline down + right shoulder has not broken.
If the BTC fails to break, it will return to test levels 9465.
Please be responsible for all your transactions, this analysis is for guidance only.
