f-73

Inverted H&S to target, Broken rising wedge. Short term down.

Short
f-73 Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart looks bad, a pullback is needed.
Look for FIB 0.382 or 0.5.
Comment:
Risk of ABC correction to FIB 0.382
Comment:
That's an impressive hammer, on decent volume.


A second inverted H&S cannot be ruled out, let's see whether a right shoulder can be painted.
Comment:
Rising wedge on a smaller scale.

1H chart:

Comment:
Break down, as expected.
Rebound on no volume.

Careful.
Comment:
Comment:
Choppy market.
Yet:

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