Get started
DrDovetail

Can a potential invrted h&s breakout prevent the 4hr deathcross?

Bitcoin (BITFINEX:BTCUSD)  
DrDovetail  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC Bitcoin (Cryptocurrency) inverted HEAD AND shoulders death cross
8
1
trendanalysis chartpattern indicator btcusd btc bitcoin inverted head and shoulders death cross
Still neutral here as BTC gets ready to amke a decision. A breakout of this inverted head and shoulder pattern could send the price action up to $6725 and be enough to potentially help the 4hr 50ma (in orange) bounce upward off the 200 ma (in blue). Let's hope we go up from here. *not financial advice*
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.