Upon looking at the daily chart, I adjusted the neck line to the right a little lower to touch the candle bodies. Looks set to retest the neckline so could still be on course to paly out. This creates a price target a little lower than previously mentioned, which could be worth noting? What do you think about this? Please leave a comment even if it is just "hi" or...
Non confirmed h&s on 1hr chart, with price target indicated by measuring stick.
A rather large Inverse Head and Shoulders pattern seems to be confirmed. A smaller one to the right, more easily seen on the 1hr time frame has nearly reached it's target. The main price target for the large h&s is 3,408 sats.
This could be a strong move if Bitcoin doesn't freak out!
An ascending triangle has formed over the last day. The chart strengthened over the last twenty four hours- volume picked up and the price has held.
We could see a return to around $1.40 perhaps higher over the next few days.