BEadmgdw big

Head and shoulders, double top, bearish divergence

As we’ve seen the whole market pump with euphoria in the last few weeks many charts are making reversal patterns all over. If you ignore these patterns you will soon find them play out to your disadvantage. Many of the top projects are in daily rising wedges .

I expect we’ll see a normal 15-20% percent correction to shake out weak hands and continue higher.

After all September historically is a negative month for crypto. Bitcoin most likely will be rejected off of the 53k level and we’ll retest 46,44 and possibly 42 as it was our local high August 6th .

Agree or disagree but crypto goes in waves and let me tell you we won’t see green daily candles much longer for the short term.