Bitcoin Price Technical Analysis for 04/18/2018 – Look Out for this Reversal Pattern

Bitcoin Price Key HighlightsBitcoin price is forming a head and shoulders on its 1-hour time frame to signal a potential selloff.
Price already seems to be breaking below the neckline to confirm that sellers have the upper hand.
Technical indicators are still suggesting that the uptrend could carry on, though.Bitcoin price formed a short-term head and shoulders pattern, which is a classic selloff signal.
Technical Indicators Signals
The 100 SMA is still above the longer-term 200 SMA on the 1-hou