BitcoinShort
Head and Shoulders?!
A possible H&S Pattern is forming in the 4H timeframe.
KEY POINTS:
• Missing shoulder might form on the rejection of R1
• Consolidating inside a rising channel(bearish imo)
• Regular bearish divergence on the RSI
• Target is exactly confluent with the weekly pivot.
Leave your thoughts on the comments!
-jisooturtlerabbitkim
KEY POINTS:
• Missing shoulder might form on the rejection of R1
• Consolidating inside a rising channel(bearish imo)
• Regular bearish divergence on the RSI
• Target is exactly confluent with the weekly pivot.
Leave your thoughts on the comments!
-jisooturtlerabbitkim
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.