LONG TERM BUY (positive divergence macd developing on 15 min ch)

Long

Bitcoin (BITFINEX:BTCUSD)

Updated

BITFINEX:BTCUSD Bitcoin

Trend Analysis Chart Patterns

trendanalysis chartpattern

LONG TERM BUY (positive divergence macd developing on 15 min chart)

Comment:

Next resistance $11K (0.382 fib retracement)

Comment:

This will be the start of a long term bull run, it will breakout of the inverted H&S towards $12K

Comment:

There is an inverted H&S shoulder in development --> shoulders between $11k and $10,850. Head between $10,850 and $10,575

Comment:

Another positive divergence macd developing on 15 min chart, could $10,420 be the ultimate bottom before the next bull run?

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