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Callmepope

BTCUSD Can we have a more obvious signal for longing BTC?

Long
Bitcoin (BITFINEX:BTCUSD)  
Callmepope Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis
4
1
trendanalysis chartpattern beyondta
Inverse head and shoulder. Huge volume breaks neckline.

Target 1: 7500
Target 2: 7800
Target 3: 8300
Comment:
Possible route.

snapshot
Comment:
Target correction
Target 1: 7350
snapshot
Comment:
Now btc is moving under the iH&S neckline. Very bearish move. It will trigger further capitulation if it breaks downward with huge volume.
Comment:
Hidden bullish divergence on 30-min chart. There is still possibility that we would see upward movement soon.

snapshot
We don't trade patterns. We draw them.
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