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friedrice683
Sep 29, 2017 9:41 PM

LONG BTC/USD - INVERSE HEAD AND SHOULDERS RECOVERY 2017-09-29 Long

Bitcoin / U.S. dollarBitstamp

Description

This one is pretty self explanatory. I believe that we have formed an inverse H&S pattern and will breakout to the next resistance level at $4400 resistance. From there, expect a retracement back to $4250-4300, as prior resistance provides new support. From there, I think we will have a buy weekend and get to the $4600 resistance level .

I appreciate any comments, insight, constructive criticism, etc. Thank you!
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