Hello again!
Been busy with many things.
My last call on btc is pretty bad haha, i went in too fast.
Talking about btc again.
Everybody talking about inverse H&S, but i don't see this inverse h&s will work.
We see many bull signal such as inverse h&s pattern or bullish divergence. but i don't see a big volume coming in.
I can tell you from btcusd long (i will add the pict later).
In the bearish view, i see this recent move as time to bear to load up more power to bring it down, we can see from btcusd short.
I have the waves count for this bear on the chart.
This is 3 3 3 3 3 waves in the triangle.
All i can conclude is big move is coming in.
So, two scenario as always:
- If we break the resistance we will see 7k test, and may have extension to 7,3k
- If we break the support we will see 6,1k test again
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BTC: 1NprKbTvkyLKzpSg556eRj6XubiJEhw95r
ETH: 0xbda06337bf410110c1ccddea8f6111a6c2f4f8f6