BTC in an inverted head and shoulder targeting 12-13K USD
Nice inverted head and shoulders pattern forming where after 2nd shoulder pattern is complete, target should be 12-13K.
If i am right, then the bottom of the 2nd shoulder should be the top of the current top downtrend line (dashed lines). The distance from the neck to the inverted head will lead us to the target after right shoulder is complete. I know its way too early to make such a call but would be awesome if i'm right. your comments are welcome and appreciated.
Obviously, this is just for fun and not meant to trade with. Be very careful and have fun!
If i am right, then the bottom of the 2nd shoulder should be the top of the current top downtrend line (dashed lines). The distance from the neck to the inverted head will lead us to the target after right shoulder is complete. I know its way too early to make such a call but would be awesome if i'm right. your comments are welcome and appreciated.
Obviously, this is just for fun and not meant to trade with. Be very careful and have fun!
Trade active:
We are close to the completion of my inverted head and neck pattern predicted 6 days ago.