BTC Update : H&S Creation For A Test b/n $58XX and $63XX

١٨ مايو ٢٠١٩

H&S creation seems to be building on the 4H chart. As we predicted the day before yesterday Bitcoin is on an Elliott correction wave [ABC] and it is already showing at least a short term bearish behavior. Unless we see some miracle contented move by the bulls it seems its a must to test the support area between 58XX USD and 63XX USD.

Note : Bearish trend not yet back again and downward trend will be confirmed if it break the support level that is depicted by a red circle and blue horizontal line in this chart.

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