BitcoinShort
BTC- Short Term Bearish H&S
This is what I see. MFI is low in the mid 20's MACD is bearish, Histogram bullish, but it can easily sway back down. Bearish divergence on Volume as well. Head and shoulders formation. To me everything points out to a 3-5% drop in the next 24-48 hours. We might make another push up to 10,500 but overall I think we are going down retesting 9,800 - 10k. Opinions and chart shares are welcome !!! Thank you for checking out my chart!
Don't overcomplicate things in trading
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Don't overcomplicate things in trading
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.