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jcmilam
Feb 21, 2018 8:38 PM

BTC reverse head and shoulders forming Long

Bitcoin / DollarBitfinex

Description

BTC has been in a well-defined channel and is showing signs of a reverse head and shoulders pattern. Watching for BTC to bounce off the bottom on the channel (~10,200) and trace back to the 2-month trend-line (~11,200). A push through 11,700 with volume is a break-out to ~13,000.
Comments
BenCarson
Agreed! Except I think we could retrace to between 9500-9000.

RodrigoGarreton
check

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