Possible Inverted Head & Shoulders formed on the 1HR TF. Price is currently testing 1HR Resistance. Bitcoin may be in for bullish movements towards 9420 - 9435 Zone. Currently awaiting possible retest to recently broken resistance level.(9256.50) What do you think Bitcoin is about to do?
Comment:
Bitcoin retested broken resistance just as expected. Instead of Rebounding off of newly found Support (Resistance Line), Price continued to break through. Could possibly head towards Support levels around 9156.50. Open to options for both directions.