The right shoulder will bring this giant back down to earth

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I have been in and out for this ride up and across, but now it is time to ride the sidelines for me. This looks like a textbook head and shoulders set up. Time to bring the giant back down to earth. Right shoulder is peaked at the .236 make. The upside-down hammer at the top helps to confirm this for me. We will grind in the .382 before dropping more. I think .618 is in the cards. The entire crypto market has this formation. You can also see that the NVTS shows that the market is still well over bought.

Anyways, let me know if you think I am off in my reading of these chicken bones.
Remember is takes a hugesack to make a huge sack!
Your pal,
Hugesack!

Penafian

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