TheWolfofPoloniex

BTCUSD Update : Battle of the Patterns

BINANCE:BTCUSDT   Bitcoin / TetherUS
On the Bear Corner, we have a Head & Shoulders (Pink) paired with an Ascending Broadening Wedge (Orange)

vs.

A Inverse H&S (Green) paired with a Falling Wedge (White)


Place your bets everyone!!! Place your bets!!!

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Jokes aside, the market is definite split as fuck, I'm now leaning a bit bearish. I was certainly bullish yesterday but the Daily Doji that closed last night has shifted my perspective A LOT.

If anything, perhaps we come down for a double bottom, or 1 more touch on the falling wedge support before a launch up.... or we just drop sharply and squeeze all the longs out.

>> STAY HEDGED!!!! << Cover your six.

Penafian

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