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majorlee
Jun 22, 2022 2:16 PM

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

Bitcoin / DollarBitfinex

Description

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

Comments
majorlee
price already made a lower low on the right shoulder, looking very dumpy right now!
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