The following content is machine translation:
In the 4-hour chart, the pattern structure is similar to the head and shoulders pattern, and the shoulders are currently forming, which is bearish.
The fast and slow line of the indicator macd runs above the zero axis, and the opening is distributed downward. The RSI indicator has dropped from the overbought area to the current neutral 50, and the trend is downward, and there is still room below.
In operation, the head-and-shoulders pattern cooperates with the macd indicator and the RSI indicator to weaken and bearish, and go short on rallies within the day.
In the 4-hour chart, the pattern structure is similar to the head and shoulders pattern, and the shoulders are currently forming, which is bearish.
The fast and slow line of the indicator macd runs above the zero axis, and the opening is distributed downward. The RSI indicator has dropped from the overbought area to the current neutral 50, and the trend is downward, and there is still room below.
In operation, the head-and-shoulders pattern cooperates with the macd indicator and the RSI indicator to weaken and bearish, and go short on rallies within the day.
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t.me/CryptoObservation
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t.me/CryptoObservation
📈📉 我们的中文电报社区：👇
t.me/CryptoMiningCN
☯️ 我们目前提供更高准确度的交易指引，请加入我们的电报社区后和管理员联系。☯️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.