Bitcoin Inverse Head And Shoulders
Updated
The Bitcoin price has been decreasing without experiencing any type of bounce for a while. I think that is about to end.
The price is trading inside an hourly range of $7750-$8050. Inside this range there is a:
-Possible inverse H&S
-Price is trading above the middle of the range.
-Bullish divergence in the hourly RSI
The price will soon break out from this range and head to $8250.
The price is trading inside an hourly range of $7750-$8050. Inside this range there is a:
-Possible inverse H&S
-Price is trading above the middle of the range.
-Bullish divergence in the hourly RSI
The price will soon break out from this range and head to $8250.
Note
Here is the breakout, expecting $8250 soon.
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