Head and Shoulders pattern spotted on the daily!! Bitcoin Short time again!! 🐻🐻🐻 by coininstant

steemleo · @coininstant · Apr 25 '20 (edited)

$0.45

Head and Shoulders pattern spotted on the daily!! Bitcoin Short time again!! 🐻🐻🐻

![Screen Shot 2020-04-22 at 6.32.24 PM.png](https://cdn.steemitimages.com/DQmdrYyaWFpvQtkf2GxJQZojLUqbka2jG1krU4RVLBFp3zK/Screen%20Shot%202020-04-22%20at%206.32.24%20PM.png) *19 Days till Halving!*


# Looks like a Bearish Head and Shoulders pattern spotted on the Daily Bitcoin chart!

![Screen Shot 2020-04-21 at 3.50.48 PM.png](https://cdn.steemitimages.com/DQmVgNEs8XHZdsksTNEezHnvamJVtNX5sZrjrwf8jDbdcDq/Screen%20Shot%202020-04-21%20at%203.50.48%20PM.png) *Bearish Bitcoin Target circled (above) $5900!*[ Source:](https://www.twitch.tv/cryptospicasso)


# I still am bullish, however the chart signs are pointing to another dip first!!
Bitcoin could be headed down to a mid $6000 dollar level, maybe even $5900 in the short-term ? Nobody really knows how large the dip will be, or if there wil be another dip, however whenever we have these Head & Shoulders patterns the probability is heightened for a big drop! So if you are a trader be cautious, possibly look to sell short and buy back lower if you see the bears take control!!

![https://www.tradingview.com/x/0WUqD4aR/](https://www.tradingview.com/x/0WUqD4aR/) https://www.tradingview.com/x/0WUqD4aR/

# Good Night BTC MOON!!
![Screen Shot 2020-04-19 at 7.48.12 PM.png](https://cdn.steemitimages.com/DQmULn6CPtwM3f12nUP7oQfgBcwT3R8HKsFhnkfAbiUVSvz/Screen%20Shot%202020-04-19%20at%207.48.12%20PM.png)

![https://www.tradingview.com/x/ZsSoyR1j](https://www.tradingview.com/x/ZsSoyR1j) https://www.tradingview.com/x/ZsSoyR1j

# Follow @coininstant for more!!

👍 coininstant, enforcer48, mysearchisover, offgridlife, bigsambucca, pwny, jorgedr0id, afril, kaminchan, goldcoin, helpmate, sergey44, hhiep, bonp, mutiahanum, omp, ahlawat, onepercentbetter, olasamuel, mauialohabella, elmundodexao, naha, yusrizakaria, clitadias, rikue, steemincome, amayag, filzaart, mauisunrise, theshaki, cwcost, agkamal, tlnt, tiazakaria, me-we, nataly2317, linur, hungrybear, merlion, amri, a428, ladeen, imran99, cosminblaga, jexus77, borban, cindis, cloris, sportschallenge, santoninoatocha, skillz, tiababi, herzaseptian, sekhet, alexandra2000, leynedayana, sonder-an, tiaumar, fairusyusri, lilisab, buntyjas, cristinaonmaui, partitura.mot, partitura.leo, and 6 others
👎 honeythief

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@offgridlife · Apr 22 '20 (edited)

$0.10

Awesome. Sold 5 shares of Shopify today.... ready to  load up on Bitcoin And Smoke. 

 Upsmoked and resmoked....  see you over on Smoke.io. Https://Smoke.io

![F17CB1F8-232F-443A-B7F0-580DB15970AD.jpeg](https://cdn.steemitimages.com/DQmd4ANqyqgAVYTjvWowzj17Q6sFaWt5xPDCzuq2FrSbpVv/F17CB1F8-232F-443A-B7F0-580DB15970AD.jpeg)

👍 coininstant

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@goldcoin · Apr 22 '20

$0.11

$trdo

👍 coininstant

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@trendotoken · Apr 22 '20

Congratulations @goldcoin, you successfuly trended the post shared by @coininstant!
@coininstant will receive <b>4.59118125</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) & @goldcoin will get <b>3.06078750</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation in 3 Days from Post Created Date!

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---
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@kaminchan · Apr 22 '20

$0.14

Yup! I am also very bullish for the medium to long term! Global financial system is in total chaos!

Have a nice day!

👍 coininstant

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@eii · Apr 22 '20

$0.14

!shop
$trdo
!BEER
for you

👍 coininstant

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@trendotoken · Apr 22 '20

Congratulations @eii, you successfuly trended the post shared by @coininstant!
@coininstant will receive <b>0.06351413</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) & @eii will get <b>0.04234275</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation in 3 Days from Post Created Date!

<b>"Call [TRDO](https://steem-engine.com/?p=history&t=TRDO), Your Comment Worth Something!"</b>
---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
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@jexus77 · Apr 22 '20

$0.14

Hello @coinstant. That is, if it falls, you have to have something to hold on to... Thank you.

Hola @coininstant. Es decir si cae hay que tener con que aguantar… Gracias.

👍 coininstant

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@santoninoatocha · Apr 22 '20

$0.14

Obviously Bitcoin has weathered this economic meltdown very well.

Evidentemente Bitcoin ha soportado muy bien este derrumbamiento económico.

👍 coininstant, nataly2317

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@sergey44 · Apr 22 '20

$0.15

thank you for your forecast, have a good day and trade

👍 coininstant

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@nataly2317 · Apr 22 '20

$0.15

thank you very much for the information

👍 coininstant

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@leynedayana · Apr 23 '20

$0.10

Hello @coinstant, more than one will be sighing and sweating cold, so it may happen in the rest of the week...

Hola @coininstant, más de uno estará suspirando y sudando frió, por lo que puede pasar en lo que queda de semana…

👍 coininstant

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@elmundodexao · Apr 23 '20

$0.10

Bitcoin is like the Egyptians and the Mayans... They kept making pyramids. Take care of yourself ...
![alegria.jpg](https://cdn.steemitimages.com/DQmTpiD9JGb5W2gbBmxeCo1hy4tHcGASgo64MW1NZyV1Wxj/alegria.jpg)
El Bitcoin está como los Egipcios y los Maya… Se la pasaban haciendo pirámides. Cuídate mucho @coininstant son tiempos difíciles…

👍 coininstant, jexus77

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@theshaki · Apr 23 '20

$trdo

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@trendotoken · Apr 23 '20

Congratulations @theshaki, you successfuly trended the post shared by @coininstant!
@coininstant will receive <b>1.98734513</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) & @theshaki will get <b>1.32489675</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation in 3 Days from Post Created Date!

<b>"Call [TRDO](https://steem-engine.com/?p=history&t=TRDO), Your Comment Worth Something!"</b>
---
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Join [TRDO Discord Channel](https://discord.gg/wySP8T9) or Join [TRDO Web Site](http://www.trendotoken.info/)</sup>

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@sekhet · Apr 23 '20

$0.16

Greetings @coinstant... let's hope it's in the short term and the predictions of some economist, some months ago... that it was going to be on the rise.

Saludos @coininstant… esperemos sea a corto plazo y se cumplan las predicciones de algunos economista, hace algunos meses… que iba a estar en ascenso.

👍 coininstant

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@coininstant · Apr 23 '20

$0.23

Yeah looks like btc blew off that Head and Shoulders last night!! To the Mewn!!!!!

👍 coininstant, mysearchisover, mauialohabella, me-we, malia.mancianti

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@cloris · Apr 24 '20

$0.19

Hello @coinstant I'm new to this but logic tells me that even Bitcoin will experience a slight drop in the next few weeks.

Hola @coininstant soy nueva en esto pero la lógica me dice que hasta Bitcoin experimentara un leve descenso en las próximas semanas.

👍 coininstant

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@coininstant · Apr 24 '20

$0.11

Yup, it spiked so pullbacks expected!!

👍 coininstant, mauialohabella, me-we, malia.mancianti

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@afril · Apr 24 '20

$0.22

This is a very great analysis, I like it.👍

👍 coininstant

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@trendotoken · Apr 25 '20

Congratulations @coininstant, your post successfully recieved <b>6.64204051</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) from below listed TRENDO callers:<br>

>	<sup>@goldcoin earned : **3.0607875** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation<br>@eii earned : **0.04234275** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation<br>@theshaki earned : **1.32489675** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation</sup> 

---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
Join [TRDO Discord Channel](https://discord.gg/wySP8T9) or Join [TRDO Web Site](http://www.trendotoken.info/)</sup>

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