If this HEAd AND SHOULDERS pattern materialise, we'll expect that the price may go down to 16.5k (1.618).
The bulls are lossing some strength at 1h tf also at daily that can be seen using Heikin ashi candle.
Other than that, we are still in a bull market but it may retrace deeper than we expect for the price correction.
The bulls are lossing some strength at 1h tf also at daily that can be seen using Heikin ashi candle.
Other than that, we are still in a bull market but it may retrace deeper than we expect for the price correction.