RichBish

Potential Head And Shoulder Pattern

CRYPTOCAP:TOTAL   크립토 토탈 마켓 캡, $
I can see a head and shoulders pattern forming looking at the Crypto Total Market Cap on the 4hr timeframe. There is also similar patterns going on with the BTC and ETH charts as well. The right shoulder on the BTC chart is approximately at the 50k mark. If we can see BTC holding above the 50k it will prove my head and shoulders theory was false. If not I see BTC dropping to the 40-42k range and the entire market cap revisiting the 1.2T mark. Last correction in mid January took approximately 22 days until the next run. Were about two weeks into this one. Again, my theory could be totally falsified and head the exact opposite direction. Crypto is at a big decision point so it's gonna make a move regardless. I'm with the bears on this one though.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.