Bitcoin/USD has produced an inverted head & shoulders at a previous support zone (5900). This could be the start of a bullish move for BTC if the neckline, which is also previous support now resistance, breaks.
If the neckline break I'll expect BTC to rise until the next resistance at 7600.
YEARN-FOREX
If the neckline break I'll expect BTC to rise until the next resistance at 7600.
YEARN-FOREX
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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.