Target of the pattern is $8200. Get ready!
Triple bottom on rsi. breakout backtested and confirmed as support and higher low.
First resistance is $.18400, $.19200, $.21. We should see thisInv H&S breakout today.
BTCUSD is setting up a perfect Inverse H&S here on the weekly time frame. First target is $16k.
Ending today with a 4hr bullish engulfing candle. First target $.50
Target is $.20 if infact this does play out! But is looking like it most likely will.
This pattern is still very much alive and traders need to be careful here. Although BTCUSD has the golden cross on the daily does not mean that we can not see $9k or below before the bulls take full control.