sarahfailin

Potential H&S forming on BTC, ETH, and BCH

BITFINEX:BTCUSD   Bitcoin
There's a potential head and shoulders forming on all the major crypto currencies, with declining volume since yesterday's rise. We're finding support on a bullish incline, but after another attempt at breaking through 6600, we're likely to fall through this support and head back down to 62XX.

The fact that you can see the same basic shape forming on all major currencies is further evidence for this change in momentum. Is 62XX the price to buy at??
I wish I knew!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.