BTC: Head and Shoulders

14 May 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 May 2023

Not

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

15 May 2023

İşlem aktif

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.