TP-Trader

TP-Trader May 18, 2019

As we can see on this 4hr chart of BTC-USD, the H&S pattern is starting emerge. The head is made up of "double top" pattern with bearish divergence, which in itself is a bearish pattern. "Easy read Indicator" shows EMA 89 (aqua) and EMA 100 (red) lie in 7000-6800 zone which can provide support, however break of this zone will "LIKELY" initiate the BTC drop...