Crypto going to crash?
Updated
it looks like we are sitting on a bomb in crypto market..
bitcoin has formed a double top and second top has ow successfully formed a head and shoulder pattern.
looks like this time we might test the previous all time high of 19K+
if bitcoin now moves below 45300, and holds for a couple of days below that we might see 40000/35000/30000/28000/22000 and even 19500.
the pattern in validates once the prices goes and closes above {52000-53500} for couple of days
bitcoin has formed a double top and second top has ow successfully formed a head and shoulder pattern.
looks like this time we might test the previous all time high of 19K+
if bitcoin now moves below 45300, and holds for a couple of days below that we might see 40000/35000/30000/28000/22000 and even 19500.
the pattern in validates once the prices goes and closes above {52000-53500} for couple of days
Trade closed manually
100 WEMA has given good support to BTC, looks like BTC wont fall much. closing the trade here itself. CMP = 38320else one can put a TSL of 39600
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