Sinex

BTC Topping Hypothesis

Short
Sinex Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Carving out right shoulders in what looks to be inverted complex head and shoulders topping pattern. Good luck everyone.
Commento:
Closed trade. The first try got stopped out for 1% loss. Tried again. Made 6%
Good luck everyone.
Commento:
We likely will be range bound between the upper green line and the bottom green line. The idea is that that huge plunge on Dec 3 2021 will need resolution, and the price being range bound will resolve eventually down possibly past the low on Dec 3.
Commento:
Looks very weak
Commento:
Oh well. Recovery pattern till it isn't: this could be that it makes for a new bullish trend, but not enough info yet. Corrective patterns make for difficult trading.
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