Watchlist Update 32 | BTC | Very ugly head and shoulders?
Another quiet weekend, folks. Even Bitcoin is relatively quieter today, slowly bear flagging/ stair stepping downward, no outright dumps today. Seems even the bots are sleeping. Are they dreaming of electric sheep?
Here's the link to today's Watchlist Update && Video:
BTC is in a tight area, looks oversold but has room for more downside. I found an ugly leaning head and shoulders pattern on the 4H which appears to have been broken, so that would add pressure to the downside. Watch the video for more information on sell targets.
Is this a head and shoulders?
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This has been for educational purposes only and is not intended as financial advice.
Added to my follow list. Keep up the good work and what do you think of the current market?
I'm sorry I missed this! Thanks for the compliment. I think we may be gearing up for Spring, finally. Crypto is going places.