- Head and shoulders pattern developing - Short on close under neckline - Set stop above neckline - Take some profits at fib
- We have 2 supports here meeting, big horizontal and bear trend support - If they meet we could see a big bounce to the bear trend resistance and breaking 200 EMA on the way
- Looking at the 2 Supports, Major Horizontal and Bear Trend Support - If it comes down to where these two supports meet, we could see a massive bounce, breaking the 200 EMA and testing the Bear Trend Resistance - Time to re-evaluate then and see how it's behaving at the resistance - Bullish very long-term - Bearish for the next 6 months
- Pretty solid looking pattern, if this happens we're looking very good. - Changing strategy from building free coins to building BTC. - Let BTC pump. - Take profits near the top(hopefully). - Loads up on cheap alts with BTC profits. $btc $eth $mtl $dig $etc $kmd