Head and shoulders for bulls and bears!
It looks like we have a little (green) H&S that could be a setting up a big (orange) reverse H&S...
I will be keeping a close eye on $6140-$6300 level if the price drops from here to see if a reversal will be taking place.
I've posted before that I think we may be starting to see a turnaround in the crypto market and starting to slowly build into a long, slow bull market. Whether or not this will be a catalyst for that scenario is yet to be seen. If the big orange reverse H&S breaks down, I'll be looking to $5000 for the next support.
Have a wonderful weekend!
I will be keeping a close eye on $6140-$6300 level if the price drops from here to see if a reversal will be taking place.
I've posted before that I think we may be starting to see a turnaround in the crypto market and starting to slowly build into a long, slow bull market. Whether or not this will be a catalyst for that scenario is yet to be seen. If the big orange reverse H&S breaks down, I'll be looking to $5000 for the next support.
Have a wonderful weekend!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.