Dude56

Inverse head and shoulders! Bitcoin short term update.

Long
Dude56 Updated   
BITFINEX:BTCUSD   Bitcoin
Expecting inverse head and shoulders with target at 6.8K-7K in Bitcoin 4 hrs chart. I will wait for the neckline breakout to consider opening a long.
Things looking bullish now besides the overbought STOCH RSI in 4 hrs . In 1 day chart things look very bullish and we might see some green days ahead but first we need to complete this pattern to confirm the bullish momentum in short term
Comment:
If we don't complete this inverse head and shoulder things will get really bearish for Bitcoin.
Comment:
The inverse head and shoulders become invalid if Bitcoin goes under 6130 dollars.
Order cancelled:
Head and shoulder invalidated. Position not open

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