Regynald

H&S Forming on the 4hr (BTCUSD)

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hi Guys, H&S is forming on the 4 hour timeframe and the peak coincided with declining RSI from the previous wave. I believe BTC will rise to 47K region on this wave and a larger and much needed correction will ensue. The tree may shake and those buying ADA and Dogecoin will realise they bought a handful of fruit. lol :) BTC will then power on from a retest of the 42-43K region. Of course, just the opinion of a retail trader. Cheers.

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Regynald timboss12
@timboss12, yeap... that didn't pan out... where is your TA? ;)
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