The last two days we saw price pushing against the downwards trendline, rejecting it definitively today. As foreseen, the price swept the prior lows.
We can expect the price to regain the shoulderlevel @ 3.436,05 $, as a head and shoulder pattern has been formed and the shoulder 2 still needs to be retested.
As a head and shoulder pattern is a bearish pattern we can expect some further bearish continuation.
