โ ๏ธ **Head and Shoulders Pattern on #Bitcoin**
๐ **Big Dump Coming Soon โณ**
๐ **Technical Analysis:**
- **Pattern Identified:** Head and Shoulders pattern spotted on the #Bitcoin chart.
- **Bearish Signal:** This pattern typically signals a trend reversal from bullish to bearish.
- **Potential Dump:** Anticipating a significant downward movement in the near term.
๐ **Key Levels to Watch:**
- **Neckline Break:** Watch for a break below the neckline to confirm the pattern.
- **Target Levels:** Possible downside targets once the pattern is confirmed.
๐ **Risk Management:**
- **Stop Loss:** Consider implementing a stop loss strategy to manage potential losses.
- **Monitor Closely:** Keep a close eye on price action and volume for confirmation.
โ ๏ธ **Disclaimer:** Trading involves risk. Ensure you conduct your own research and understand the risks involved. This post is for educational purposes only and should not be considered financial advice.
