Btcharlatan
Long

Possible iH&S on daily TF

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Rally was on lower volume which is concerning

"The rally from the head, however, should begin to show not only an increase in trading activity, but the level of volume often exceeds that registered on the rally from the left shoulder."

I am keeping an eye on volume of right shoulder

"The dip to the right shoulder should be on very light volume ."
Comment: Bearish divergence on 4H TF
Keeping an eye on volume of right shoulder

Comments

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