BitcoinShort
H&S in right shoulder of bigger H&S
Well people not sure about the bigger H&S but we have have a neck line test and trend line retest at the same point
Does this spell doom and gloom for bulls.
It also seems the counter attack did a good job.
The small rally did not surpass the neutralizing zone.
What can the implications be
A drop to 30 000 if so we could see a bigger H&S forming that can lead to a bigger drop below 30 000
The pattern seem to confirm a wave count also
Let's see what happens
Does this spell doom and gloom for bulls.
It also seems the counter attack did a good job.
The small rally did not surpass the neutralizing zone.
What can the implications be
A drop to 30 000 if so we could see a bigger H&S forming that can lead to a bigger drop below 30 000
The pattern seem to confirm a wave count also
Let's see what happens
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.