Kerstin_Ohlsson

H&S shoulder has been shortened

Short
BITMEX:XBTUSD.P   Bitcoin
OK, that is fine! We wouldn't say "no" to just a false pump break. Currently there is no weakness in the price stepping down from the pivot $10.2K and therefore we assume that there will be a further decline with re-entering the descending channel. All in all the market is tensed with several officials talking in favour crypto regulation easing. On the other hand, judging by the graph, such incentives are on the eve of exhaustion and that would be the move we are supposed to catch over the week end or next week. A sunny one to you with your working positions in place!

Kerstin Ohlsson
Xena Exchange Swinger
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