SpielMeister
Long

BTCUSD 2H Showing Possible Bullish Indicator.

BITFINEX:BTCUSD   Bitcoin / Dollar
63 0 0
The Head and Shoulders that was displaying yesterday looks to have not had enough momentum to continue below the long term trend line. After testing the 310-314 support range several times today a smaller invert head and shoulders began to display.

If we see another sudden bullish move in the next few hours it could continue for at least the next few days. My money is on this being a bottom either way, but stops should be set to protect against falling past the long term support line (which is currently at about 308 and rising).
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out