I see a lot of cockiness in the market right now, but here is an idea no one is expecting in these overly euphoric times, not even bears, Good luck everyone, no matter what side your on, remember this Whales can turn Bearish as well simply to profit, Greed runs he Market and what better way for whales to REKT everyone. especially those who are experiencing massive...
I was expecting a break of the green support line, NVT looks like there could be some continuation slightly upward still, I'm expecting this'll eventually break as well once the H&S completely forms, it should plummet.
Looking for a break to the Downside in the next Yellow Box outlined in red here this is a clear uptrend, if this support line breaks, we should see a change in trend, to me the entire RSI trend line looks non organic.
I'm now interested to see if box b turns out and opposite of box A if Stochastic stays above the red line I will remain in BTC, if it should drop through the red line, I will most likely be short again to find D , this would most likely be a fast move and a large wick.
the Blue sloping downward line is the 128 moving average, 1 green candle here would put us above it, I've closed my shorts for now and targeting the purple boxes, in anticipation for a larger move down or up