Ummm big H&S potentially forming, that would dump us pretty darn hard.
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Here is another possibility, Small H&S forming in head of big H&S. This could drop us down to form the right shoulder of the big guy... I hope not. If so I'll be shorting again. But honestly I would like to see BTC rally to 10k (10k would be a FOMO buyer level again and we would probably hit 11k easy from there) but vol is definitely shifting to sellers side.
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BTC is consolidating. We went from distribution to accumulation. We hit that W so hopefully she ladders up and we squeeze long.
This is what I like to see.
This is what I like to see.
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If we do go up I hope we don't go up to fill out the small H&S right shoulder. Let's hope we go back to .618 and stay.
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It can't be... don't do it BTC! Well I might re-open a short position again. Really don't want to see this dip happen but I can't control BTC and also I can't be biased, all signs point DOWN.
It can't be... don't do it BTC! Well I might re-open a short position again. Really don't want to see this dip happen but I can't control BTC and also I can't be biased, all signs point DOWN.
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Looks like we will not be reversing pattern. Thank god.
