DrDovetail

Head and Shoulders on the 4hr chart still in play.

BITFINEX:BTCUSD   Bitcoin
I'm keeping a close eye on this...was hoping we would break upward from the latest bullflag but we apparently did a bart pattern instead. If we trigger this head and shoulders shorting is likely wise. I'm trying to be optimistic that we will avoid it though but gotta be prepared in case it occurs. Just putting this info out there so you can make a better informed decision yourself...not meant to be financial advice of course just a possibility worth being aware of. For now I remain neutral and am trying to stay optimistic. The 4hr stochrsi is not in a good position right now either and has plenty of room to drop but I'm hoping it makes a 180 before falling too far. Good luck in whatever path you choose to take.
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