Hi, guys! Here is my update on BTCUSD. We are at the critical point and have two H&S patterns on the chart. Inverted large, and small regular H&S. To confirm large inverted H&S we need to break a heavy resistance(Black line) and go through the Ichi cloud somehow. However, even if inverted H&S will rake a neckline, to be considered bullish BTCUSD needs to confidently break $9500.
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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.