BTCUSD
Too many head & shoulders patterns forming - we have broken uptrend support which fueled the recent selloff to sub 1850 levels.
Sharp V shaped recovery in prices, to me, has yet to even retrace to .382 levels.
The market is pricing in bip91 outcome among many others, while price has failed to break the new downtrend resistance again and again.
My belief is that we have yet to complete any healthy retracement from the recent leg up from 1850.
But let's watch the levels closely, since there are evident divergences from RSI, MACD, and price that may indicate that we are moving up soon as well(?)