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jamesasb
Jun 15, 2021 2:10 AM
would you buy this bitcoin?
Short
COINBASE:BTCUSD
240
Bitcoin / United States Dollar
Coinbase
Description
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Jun 15, 2021 2:10 AM
I reckon this is going up XD
Inverse head and shoulders forming
what will happen when it touches the channel limit?
Trend Analysis
Chart Patterns
Comments
Zulu_Kilo
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Jun 15, 2021 3:04 AM
Remember: confirmation, confirmation and confirmation.
Smaller channels in smaller timeframes are not as accurate as larger timeframe channels. And even those can and do fail.
As a matter of fact, smaller timeframe continuation models fail 50% of the time. Larger timeframe continuation models fail 25% of the time.
spotwill
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Jun 15, 2021 2:51 AM
I was confused for a second, and then realized it's an inverse chart.
Mikanoshi
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Jun 15, 2021 2:34 AM
Buy? I've never sold! :)
rmsutton
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Jun 15, 2021 2:25 AM
Love this
More
Smaller channels in smaller timeframes are not as accurate as larger timeframe channels. And even those can and do fail.
As a matter of fact, smaller timeframe continuation models fail 50% of the time. Larger timeframe continuation models fail 25% of the time.