yuvalex1

Looks like BTC is trying to Inverse Head & Shoulders

Long
BITSTAMP:BTCUSD   Bitcoin
It really looks like BTC is trying to form inverse Head & Shoulders pattern.
It reached 61.8% Fibonnaci extension, and now it might re-test the 38.20 Fib which is around 4375$, and then goes up again to 5000$
What do you think? :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.