BTCUSD, Interesting Day Trading Setup

The market appears to have formed an inverted head and shoulders setup, which presents a potential upside movement.

We have a broken out resistance above 34k, and price is likely to retest a previous resistance ~ current support, before presenting further confirmations for upside movements.

All in and all looking pleasant for an upside movements towards 35k.


Bitcoin (Cryptocurrency)BTCUSDGoldHead and ShoulderspriceactonSupport and Resistance

Disclaimer