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DrDovetail

btcusd appears to be breaking up from 1hr inv head & shoulders

Long
Bitcoin (COINBASE:BTCUSD)  
DrDovetail Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Chart Patterns BTCUSD BTC Bitcoin (Cryptocurrency) Inverse Head and Shoulders 1hrchart Bullish Pennant
10
4
trendanalysis indicator chartpattern btcusd btc bitcoin inverseheadandshoulders 1hrchart bullishpennant
if it confirms the initial target is 9374...which coudl be enough to trigger a breakout from the entire 1 day chart bull pennant which would then have a breakout target of 10.5k No full confirmation yet but probability is definitely favoring the breakout of at least the 1hr chart pattern
Comment:
certainly enough volume to trigger the breakout but we need to maintain support above the top trendline of the larger bull pennant first to ensure the breakout.
Comment:
1st target hit!
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