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cryptodiggy
Jul 16, 2018 9:28 PM
BTC possible head & shoulders reversal
Long
COINBASE:BTCUSD
1D
Bitcoin / United States Dollar
Coinbase
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Jul 16, 2018 9:28 PM
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
Trend Analysis
BTC
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PsychonauticalTrader
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Jul 16, 2018 10:01 PM
Agreed, although it could be one giant fakeout in our trip down to 3-4K
cryptodiggy
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Jul 17, 2018 7:45 PM
@GeoffreyWLane, 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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