NFA, DYOR
We have a potential formation of a head and shoulders pattern on 4H timeframe.
RSI is showing divergence.
Volume is decreasing.
If played out, a measured move to this pattern can bring us back to the 1320-1350 $ range (MAJOR SUPPORT).
We have also a support box (fib levels) for potentially buying the dip for the next leg up after we can expect a little deeper correction.
Stay safe.
We have a potential formation of a head and shoulders pattern on 4H timeframe.
RSI is showing divergence.
Volume is decreasing.
If played out, a measured move to this pattern can bring us back to the 1320-1350 $ range (MAJOR SUPPORT).
We have also a support box (fib levels) for potentially buying the dip for the next leg up after we can expect a little deeper correction.
Stay safe.