Things have seemingly slowed down in this BTCUSD rally. Market is relatively overbought and is overdue for a correction. Over here we see a head and shoulders has developed on the hourly chart over the 1210 support level. We may see a breakdown to test older support levels in the coming future. If you are planning to short this, I suggest you put tight stops just...
Failed breakdown of trending support and is re-entering the bullish pattern.