Is BTC about to DUMP AGAIN?

6 thg 3, 2020

Looking at period from 25.01.2020 we see a bearish Head & Shoulders Pattern ( LIGHT BLUE LINE ). That's way I start to worry a little bit. Too many bearish warnings/signals I see on a chart right now! Overbought RSI! Bulls are losing a steam if we look on at the Volume. Descending Triangle Pattern is slowly created if we go more sideways ( RED TRIANGLE ) and H&S Pattern is almost confirm, we are waiting for a neckline right now. That means that it will be hard to get to 9450 where a I want to go 2-3 days before! It's worth playing safely and closing your position at level 9330, and watch how everything will plays out in next hours and days. Of course, that's just my opinion.Be vigilant and careful my friend!