BitcoinUpdated Bitcoin (BTC): Breaking Out
In the previous idea I presented the H&S bottom scenario. It's been working out nicely so far: 
At this point the price has broken out from the descending channel. Many Inv H&S patterns are present on altcoins' chart. Volatility remains extremely low, which suggests that big plays are yet to come. If the price retraces below 7200, I will turn bearish again.
At this point the price has broken out from the descending channel. Many Inv H&S patterns are present on altcoins' chart. Volatility remains extremely low, which suggests that big plays are yet to come. If the price retraces below 7200, I will turn bearish again.
Note
June 2 is, of course, a big day for EOS, and it is soaring 
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Агент-аналитик: t.me/NixAgent
Сервис: NixService.net
Telegram: t.me/NixTrading
Сервис: NixService.net
Telegram: t.me/NixTrading
Related publications
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.