BitcoinShort
BTC: Head and Shoulders
Updated
Drop on the horizon.
Volume is looking so bad.
Weekly RSI pointing down.
Head looks like Bart Simpson formation.
Twitter full of moonboys at the moment.
Volume is looking so bad.
Weekly RSI pointing down.
Head looks like Bart Simpson formation.
Twitter full of moonboys at the moment.
Note
Weekly: MA 50 crossed with MA 200 is unique in the history of BTC!Week chart looks ugly.
Trade active
Crucial moment looking at the local H&S.If we cant break this resistance we dump.
If we break above we might go to next highs... but weekly chart will still look bad long term.
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.