TradingView
AdamNo_L
Jan 8, 2019 7:48 PM

Critical Point - High Probability of Sell-Off 

Bitcoin / TetherUSBinance

Description

I know many of us are expecting a run up to retest the 5k range, & that might still happen but I'm taking profits from this trade. Not going short though. To many bearish indicators however to stay in. Raising Wedge. Oversold 4hr. Daily RSI testing 60 again after multiple fails. Inverse H&S looks manipulated into existence. Too many engulfing candles followed up by weak volume. My "trap" alert is going off. Not to mention that massive Ichimoku cloud of resistance we're about to crash into.
If you found this useful, drop a follow.

Thank,

No_L
Comments
dobrovan
you right.. its fake I H&S
right shoulder cant be bigger then left
More