Long

BTC Inverse H&S pattern theory

Starting with the pink inverse H&S patter, bitcoin appears to be following this inverse H&S pattern. The 2nd H&S patter has the left shoulder starting on the head of the previous pattern and so on. These patterns have just been copied and pasted from the first one, no adjustments have been made to it at all. Looks very interesting moving forward. Current pattern puts top right around 6300. Should be an interesting couple of weeks and months ahead for BTC.

Bobby_Factselrod

Also on:

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.