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BTC/USD REVERSE HEAD & SHOULDERS / ASCENDING TRIANGLE
BTC/USD REVERSE HEAD & SHOULDERS / ASCENDING TRIANGLE
By ParmenoParmeni
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Feb 3, 2016
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Feb 3, 2016
We are right now in a downtrend in prices with a HUGE UPTREND in the ACCUMULATION Distribution Line indicating underlying buying pressure.
SHORT TERM - ASCENDING / SYMMETRICAL TRIANGLE (Continuation Pattern) - Target $450 - 600 //
LONG TERM - REVERSE H&S - Targets $550 – 750 – 900 – 1050.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
ParmenoParmeni
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