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TitoLibido
May 23, 2021 8:23 PM

Optimistically bullish scenario Long

Bitcoin / United States DollarCoinbase

Description

BTC looks like it may be setting up an inverse head and shoulders pattern. If that scenario plays out, I would actually expect the monthly candle to close above the mid point of the log curve with bullish continuation. Now, this feels like a very optimistic scenario, but we can't count it out yet.

Comment

If I took the time to measure the bars, this would be exact. Looking for a run here to complete the pattern.

Comment

So far so good.
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