majorlee

Bitcoin reversal pattern? Inverse H&S on 4hr chart

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Howdy folks!

highlighting the formation of an inverse head and shoulders for a possible sign of a bitcoin reversal.

$24k needs to become support, $27k needs to be hit to continue going upwards n price and bring favour back towards the bulls

if price crabs at $20k then expect to see lower prices towards $12-13k area for the next most likely bounce area

can go either way here, have fun, play smart x


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