1Hr chart has formed a head and shoulder pattern and is on a downward momentum.
although it's just the 1hour chart this could lead to a drop to 7600 which acted as a tiny resistance or could break down further.
the same can be said with the 4hrs chart. as of this moment BTC is forming the head of the H&s in the 4hrs chart
although it's just the 1hour chart this could lead to a drop to 7600 which acted as a tiny resistance or could break down further.
the same can be said with the 4hrs chart. as of this moment BTC is forming the head of the H&s in the 4hrs chart
Note
BTC DOUBLE TOP on 4hrs
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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.