Head and shoulders for bulls and bears!
It looks like we have a little (green) H&S that could be a setting up a big (orange) reverse H&S...
I will be keeping a close eye on $6140-$6300 level if the price drops from here to see if a reversal will be taking place.
I've posted before that I think we may be starting to see a turnaround in the crypto market and starting to slowly build into a long, slow bull market. Whether or not this will be a catalyst for that scenario is yet to be seen. If the big orange reverse H&S breaks down, I'll be looking to $5000 for the next support.
Have a wonderful weekend!
I will be keeping a close eye on $6140-$6300 level if the price drops from here to see if a reversal will be taking place.
I've posted before that I think we may be starting to see a turnaround in the crypto market and starting to slowly build into a long, slow bull market. Whether or not this will be a catalyst for that scenario is yet to be seen. If the big orange reverse H&S breaks down, I'll be looking to $5000 for the next support.
Have a wonderful weekend!
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