BTCUSD - Inverse head & shoulders are in the making Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Apr 2, 2018 9:35 PM

If BTC can reach 8700 by April 17th...it will be a beautiful head & shoulders :)

⋅ Apr 2, 2018 10:10 PM

Here is the closer look on 4H chart:

⋅ Apr 18, 2018 2:13 PM

After breaking out from linear chart downtrend line, the next resistance is 8700.

⋅ Apr 19, 2018 6:08 PM

zooming in on 1H chart...it might have a bit retracement to touch MA after touching 8300'ish due to the rising wedge formation.

⋅ Apr 21, 2018 1:26 AM

It was a bear trap...
Now the inverse head and shoulders are complete :D
Let's see what the badger can do next?
My target would be 14000.

⋅ Apr 22, 2018 5:08 PM

bull and bear fight:

⋅ Apr 23, 2018 2:14 PM

Get the fake out. Another fake bear pattern break. Bull is here.

⋅ Apr 29, 2018 2:12 AM

Comments

BGMind_Control

⋅ Apr 3, 2018 6:06 PM

Wow this is the first chart someone posts about an inverted head and shoulder pattern. I will look in to this asap.

CovidScamIsAnIQTest

⋅ Apr 3, 2018 6:19 PM

@KostadinAndonov, Yeah please do...this is not hindsight...it is a projection of my brain :P I could be wrong.

BGMind_Control

⋅ Apr 3, 2018 6:23 PM

@sifeij, The only thing i can see that disqualifies it as such a pattern is that the right shoulder is the same length as the head.