DaveAnderson

BTC UPDATED ANALYSIS

Long
DaveAnderson Updated   
COINBASE:BTCUSD   Bitcoin
Previous analysis, we were watching for a head and shoulders.

TC failed to make a head and shoulders pattern and we now seem to be respecting the same channel before our huge breakout.

BTC seems to be moving in a steady upwards channel.

Watch for breakouts of the channel. If it breaks below it could be to sell.

Comment:
And we stay in our current channel!

I am bucking the trend here. Most people are calling a H&S. While my initial thought was a H&S forming, I believe we are no longer heading that direction (at least for the immediate future)
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