Bitcoin (BTC) - 4H - Head and Shoulders (H&S)

This is my first time using the H&S indicator. Feel free to correct my point of view. I'm still learning! Thank you

H&S completed on the 4H chart
• Indicates further downwards movement
• We should also consider the (partially baseless) FUD from china
• It's sunday. The weekend does always look very bearish
• Big sell pressure - people are scared of a bearmarket after the steady growth up to 5000$

A healthy correction is necessary for a further growth.
Let's see where this goes.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out