jgj

Bitcoin head and shoulders inception, short to 11k/9k bottom

Short
jgj Updated   
BITSTAMP:BTCUSD   Bitcoin
See chart, the green boxes are targets, if there are reversal signals in either box, buy. The bottom box in my opinion is the hard support, shouldn't go below there. There is a h&s in the 4h chart and a greater h&s on the daily.
Comment:

It's confirmed if downward channel breaks, but if it passes the resistance of the left shoulder it's bullish
Comment:

Triple bottom on the fib level, broke local downtrend, potential reversal here
Comment:

Daily finally caught up with the other timeframes and is looking bullish. broke second trend, if this candle closes above the blue line we're bull mode
Order cancelled:
Officially cancelled, bull mode enabled
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