tylerc0816

Possible H&S pattern appearing on BTC?

COINBASE:BTCUSD   ビットコイン/米ドル
It is still waaay too early to call this a H&S, but it's potentially a developing pattern to watch out for. MACD below 0 line & daily bearish RSI divergence could be pointing to headwinds for BTC. Also, other cryptos (e.g. ETH and DOGE) have been stealing BTCs thunder lately. The more likely case is that BTC will rally, because apparently that's all BTC does, which is why I'm neutral and not short.

Not financial advice.
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