BitcoinLong
Bitcoin Inverse Head & Shoulders Pattern
Updated
Can we say that this is the most famous chart pattern of all?
We have the a complete inverse head & shoulders pattern (iH&S), what is left now is the final breakout.
This is a bullish pattern of course and the indicators support it.
The current candle closes in less than 1 hour and ideally we want to see it close above EMA100 ($39500) or higher if possible.
Even a close lower is still good if it happens above $38670 or EMA10.
It can just continue ranging though since prices remain below MA200.
Thank you for reading.
Namaste.
P.S. Looks like eBay is getting into crypto so this is good news.
We have the a complete inverse head & shoulders pattern (iH&S), what is left now is the final breakout.
This is a bullish pattern of course and the indicators support it.
The current candle closes in less than 1 hour and ideally we want to see it close above EMA100 ($39500) or higher if possible.
Even a close lower is still good if it happens above $38670 or EMA10.
It can just continue ranging though since prices remain below MA200.
Thank you for reading.
Namaste.
P.S. Looks like eBay is getting into crypto so this is good news.
Note
Looks like it is going straight up...Thanks for all the kind comments and support, it is truly appreciated.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.