The_Cannalyst

Next shortterm selling wave ahead?

Short
The_Cannalyst Updated   
BITFINEX:BTCUSD   Bitcoin
BTC is still in a falling-knife-situation. In the shortterm view we can see a H&S. Will this be triggered, a further sharp selling wave shpuld be exspected.
The chart brightens above the right shoulder respective head
Comment:
trading above the right shoulder accelerated the swing
Comment:
Nice bullflag now:
Comment:
YES!
Comment:
nearly reached Flag TP
Comment:
Attention now in the shortterm view! Watch the overbought RSI!
Comment:
Comment:
in the german thread i posted:
Comment:
Comment:
clear trading marks now
Comment:
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.