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Btcharlatan
Jun 25, 2018 7:09 PM

Inverse head and shoulders Long

BITFINEX:BTCUSD240
Bitcoin / DollarBitfinex

Description

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I have been very bearish and calling 3-5k. But this looks like a textbook inverse head and shoulders to me, we are currently at point G. Also the RSI is showing a bullish divergence. A close above 6,300 would make me consider becoming bullish again

pbs.twimg.com/media/Dgjuz-wWkAAgw5Q.jpg
Trend AnalysisChart PatternsBitcoin (Cryptocurrency)BTCETHEthereum (Cryptocurrency)Litecoin (Cryptocurrency)LTCcrypto
Comments
Chasewooody
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What time frame is the 240, again? Thanks for the post!
Btcharlatan
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@Chasewooody, 4h
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