aresary

aresary Updated 

Just a basic view on what's happening in the past few hours. • Accumulation: No significant price movements. The price was tied between Resistance and Support • Breakout: Sell Walls have been lifted, the price shot up • Rejection: Couldn't reach Resistance! BTCUSD is dropping, people are scared of a bearmarket Since the mainnet is going to be released in 3...

aresary

This is my first time using the H&S indicator. Feel free to correct my point of view. I'm still learning! Thank you • H&S completed on the 4H chart • Indicates further downwards movement • We should also consider the (partially baseless) FUD from china • It's sunday. The weekend does always look very bearish • Big sell pressure - people are scared of a bearmarket...