BTC: Head and Shoulders

14. Mai 2023

Drop on the horizon.
Volume is looking so bad.
Weekly RSI pointing down.
Head looks like Bart Simpson formation.
Twitter full of moonboys at the moment.

14. Mai 2023

Anmerkung

Weekly: MA 50 crossed with MA 200 is unique in the history of BTC!
Week chart looks ugly.

15. Mai 2023

Trade ist aktiv

Crucial moment looking at the local H&S.
If we cant break this resistance we dump.
If we break above we might go to next highs... but weekly chart will still look bad long term.