#bitcoin - Possible bearish diamond top "H2"

During the day a new pattern, that is considered bearish has come into play and possibly marking a high, a diamond-top. Also taking into consideration, that we have developed a bearish ascending wedge, it becomes more likely that we have seen a local high now. Possible targets for this are not $8k .... those are $10.7 and $10k, where we would have to look at the possibility of making a symmetric triangle which can go both ways, instead of the former mentioned ascending triangle which is rather bullish nature.

This is only H2 interval, so nothing that is going to have an intense influence on the further longterm development. Keep an eye out.

_____________________________
Warm regards,

Neru