cryptodiggy
Long

BTC possible head & shoulders reversal

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Seems like a possible inverse head and shoulders pattern forming on BTC daily, combined with horizontal support and triple bottom at 5800-ish gives good possibility for short-medium term bottom and rally back to 9000+ IMO

#notfinancialadvice

Comments

Agreed, although it could be one giant fakeout in our trip down to 3-4K
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cryptodiggy PsychonauticalTrader
@PsychonauticalTrader, hmm, possible but I don't think so. So far a nice run up as per pattern, let's see if it's real or a fakeout.
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