No bearish head and shoulder, but an inverse head and shoulder
Majority talking about a bearish head and shoulders and more downside to come
Honestly i think the majority is wrong, i see instead a bullish head and shoulders
I personally like inverse head and shoulders that start the left shoulder on the high from a move up and end the correction on the right shoulder en move up to projected target of the head
In this scenrio i expect a short relief after all the fear uncertainty and doubt in the market.
We could target the last high around 31k and take altcoins with it for an relief rally
When we reach 31k again in the short term, then i think you can start seeing a double top of beginning of head and shoulders, but not, until we reach there and come back down again.
Honestly i think the majority is wrong, i see instead a bullish head and shoulders
I personally like inverse head and shoulders that start the left shoulder on the high from a move up and end the correction on the right shoulder en move up to projected target of the head
In this scenrio i expect a short relief after all the fear uncertainty and doubt in the market.
We could target the last high around 31k and take altcoins with it for an relief rally
When we reach 31k again in the short term, then i think you can start seeing a double top of beginning of head and shoulders, but not, until we reach there and come back down again.
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