Mt.BFX

BTC Uptrend - Multiple Ideas

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
Idea 1
Inverted Head and Shoulders breaks up and fully retraces the dump invalidating the downtrend movement showing strength.

Idea 2
Inverted Head and Shoulders breaks down continuing downward pressure and finding support ~3800+ and continues uptrend.

Idea 3
Inverted Head and Shoulders breaks down continuing downward pressure, finds support ~3800 and fights resistance of previous support, loses upward pressure to a final support around 3600 before continuing uptrend.

All 3 scenarios are bullish , anything below 3200 is rendered bearish .
Do not trade this idea.
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