Right now, I'm looking at a possible Inverted Head and Shoulders forming on the BTC 4 hr Chart.
If it can bounce off of that $6500 area and break the neckline up then we can a change in the trend if we get enough volume.
That being said, I still think we have another leg to the downside and will remain bearish until we get that final dump.
If it can bounce off of that $6500 area and break the neckline up then we can a change in the trend if we get enough volume.
That being said, I still think we have another leg to the downside and will remain bearish until we get that final dump.
Comment:
EDIT: *can change the trend