Bitcoin appears to be trading in an inverted h&s pattern.
Which coincides with a bullish breach of a Bullish Expanding Triangle highlighted in red to the upside!!
A double bottom is where the head of the inverted triangle can be formed, the space between the two bottoms forms the apex of the head of triangle.
First upside target of $90k USD
Second upside target is $260k USD
Which coincides with a bullish breach of a Bullish Expanding Triangle highlighted in red to the upside!!
A double bottom is where the head of the inverted triangle can be formed, the space between the two bottoms forms the apex of the head of triangle.
First upside target of $90k USD
Second upside target is $260k USD
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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.
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.