Looking at BTC on the daily chart
Potential inverse H&S
VPVR looks reasonably full in value
RSI making its way down
Willy is over bought and stupid
Histogram making a LL
OBV still looks ok
Bulls dropped off in volume and seems no one wants to step in
Looking for a retrace to the 382 if that breaks then im seeing a tag of the 618
For me at the moment its a wait and watch. I want to see this inverse head and shoulders to play out. Would be great to see AB=CD objective hit off the inverse H&S giving us a target to the 786 (Red zone)
If you like what I do, drop a comment, tell me what you think and don't forget to like and subscribing. Thanks :)
Potential inverse H&S
VPVR looks reasonably full in value
RSI making its way down
Willy is over bought and stupid
Histogram making a LL
OBV still looks ok
Bulls dropped off in volume and seems no one wants to step in
Looking for a retrace to the 382 if that breaks then im seeing a tag of the 618
For me at the moment its a wait and watch. I want to see this inverse head and shoulders to play out. Would be great to see AB=CD objective hit off the inverse H&S giving us a target to the 786 (Red zone)
If you like what I do, drop a comment, tell me what you think and don't forget to like and subscribing. Thanks :)
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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.
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.