mdyassink

BTCUSD Weekly Huge Inverse Head & Shoulders Pattern

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has a Weekly Inverse Head & Shoulders is showing on the RSI and the Chart.

I think we are in for an incredible run for BTC and we should be starting that run soon. High possibility this dump was a weekly fake-out to clear longs before starting the long bullish uptrend. This also means that any bullish signals that appear on lower time frames should more likely than not play out accordingly.

Just sharing my thoughts. Watch this closely. A pattern on weekly timeframe means we might be going on a long-term bull run soon. That would also make sense why the flushing out of longs happened so quickly.

The best way for now is to DCA .

Ethereum has 2 huge weekly signals, the Inverse Head and Shoulders and for the first time in ethereum history (couldn't find any bullish divergence all the way back to September 2017.


Have a great weekend!

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