bgeraghty

BTC - Possible Large Inverted Head and Shoulders

BITSTAMP:BTCUSD   Bitcoin
Looking at the current reaction to price at the 9600 levels, and taking a step back to the weekly chart, it seems possible we could see a retrace back to the top of our downtrend some weeks in the future, as a more proper re-test of it than the one we see on shorter timeframes. ( ).

Going to keep this chart posted publicly to keep an eye on what happens next. We are in a very bullish movement, so no guarantees this is going to be the case, but let's watch and see.

- Bryan G.
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