Lots going on!

2 juil. 2022

So on the 15m we seem to have a tiny Adam and Eve bottom, the Eve if which is a reverse head & shoulders the structure of which exits a descending channel it has been moving down for several days. This local bottom forms a double bottom on the 1 hour. But the entire structure since the latest crash is a bear wedge. So what do we make of this? My guess is a temporary reversal back to 21-23k, the top of the wedge, then Back down. Be careful with long positions right now remember they are very temporary, btc will go down to at least 12k.

I'm short term bull
Longer term bear
Very long term bull