Possible H&S on the 1hr?

Bitcoin / U.S. dollarBitstamp

Description

⋅ May 10, 2018 11:38 AM

Not positive on the requirements for H&S pattern, but maybe one is forming? This is by no means trading advice (total noob), but feedback is appreciated (I want to learn).

Head and Shoulders

Comments

CoolHandWillick

⋅ May 10, 2018 12:12 PM

lol, no dude, what you've got there is a bullish trend reversal

CoolHandWillick

⋅ May 10, 2018 12:13 PM

click on the link graph for the explanation

nhoxsie

⋅ May 12, 2018 6:11 AM

@CoolHandWillick, sticking to the bullish trend reversal?

CoolHandWillick

⋅ May 12, 2018 6:12 AM

@nhoxsie,

nhoxsie

⋅ May 12, 2018 12:33 PM

@CoolHandWillick, so in theory this could retrace to Sub 7k?

CoolHandWillick

⋅ May 12, 2018 12:35 PM

@nhoxsie, just an idea that I had when I was looking at long term trends. theoretically, everything is on the table.

nhoxsie

⋅ Jun 11, 2018 7:41 AM

@CoolHandWillick, any updated targets?