PolarHusk

Crypto Total Market Cap - Berish Head & Shoulder ?

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CRYPTOCAP:TOTAL   加密貨幣總市值,$
We always wanted to see crypto goes to the moon but we can not remove the fact that berish setups are also looming in the shadow just like this Head & Shoulder pattern.
Another lower high is seign right now as the 100 Day MA (Color Orange) is rejecting our attempt to retest the previous lower high at around 310b mark.
A broke of upward slooping support around 250b will validate the H&S pattern and a drop target to the 210b or 200 Day MA support line.
Which also shows a high area of support base from price history from late 2018.
Our RSI is getting weaker showing berish divergence and you know that's a bad sign.
I will keep an eye of this market making sure I won't be falling of a cliff when I sleep :)


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