Demonstrates a simple recurrence in the Altcoin market. However, there is currently a market below the 200 EMA, which gives a strong confirmation to the bearish situation. The overall model shows the H&S theory, however, that the market may be preparing for a price collapse.
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.
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.