The right shoulder will bring this giant back down to earth

281
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!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。