Bittimmer

False breakout BTC inverted H&S

BITFINEX:BTCUSD   Bitcoin
As i explained in my last analysis i was worried about the lack of volume during the ascend of the right shoulder and the breakout.
Because there was no volume the H&S bottom didn't finish.

What we need to see now is another breakout above the dotted green line accompanied by a lot of volume.

I'm still learning TA so advice, feedback, comments are welcome.

Thanks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.