golden crosses forming on small time frames
The head and shoulders is ugly and I completely ignored the massive wicks, I can say I forced this head and shoulder into existence just to match the bearish divergence on the RSI. I really believe we are in a local top and drop is coming soon, but who know, someone Bitcoin goes the completely opposite way of where we expect....
Beacuse the price is at the top of the fib level and there is a clear bearish divergence, I believe this top is gonna be a hug resistance to drop, and Bitcoin may fall below 7k in the next few days.
Looks like the upside is losing strength, but keeps going up, may touch the top of the big move fib, tough I don't believe fib levels very much, bearish divergences have been a good signal to me.