pakardel

pakardel Updated 

step 1 was spot on, let's see if it goes to 2 or directly to the top of the channel .... or to " a " for a small correction. it all depends on BTC

pakardel Updated 

if this huge inverse h&s will be completed and btc will break above the neckline ... i guess we will see the ATH again. you know i'm publishing this for reputation points so .... thanks

pakardel Updated 

first step is to break up from the bull flag, test the 0.786 (blue line) which now acts as resistance but after btc will break it, it will be support. next step is to test the top of the downtrend channel (dotted falling line). it will test it a few times so the inverse head and shoulders will be completed. a break up from the neckline will boost btc back to the...

pakardel

both BTC and LTC are creating a bull flag. if you are not already in, you can get in on the break up with a stop right below the flag. remember to hit the like thanks

pakardel

this scenario follows the EW pattern and also seems to make an inverse head and shoulders all indicators are showing a bullish btc (at least short term) MACD is turning bullish, RSI - oversold

pakardel

the current correction seems to draw the right shoulder perfectly. shorters are posting apocaliptic TA's but btc is not going to to drop to 3-4k ... at least not in the next few days. still has some space to struggle between the top of the downtrend channel and the strong support line. for now we are following the scenario from the end of feb (26-28 feb). i guess...

pakardel

this H&S can boost btc above the top of the downtrend channel ... if the right shoulder will take form and if btc will break above the neckline. i'm new on TV so .... trade with care.

pakardel

since btc ralied up from the bull flag looks like its about to test the top of the downtrend chennel. let's hope it will not be rejected