AlanSantana

Bitcoin Inverse Head & Shoulders (Support & Resistance to 35%)

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The inverse Head & Shoulders pattern seems almost complete while Bitcoin continues bullish .

It has been a long consolidation week but we still see the current candle trading at a higher low and above EMA10.

The immediate resistance is set at $21,200 followed by $23,500.

The main short-term target is set at ~$28,000...
After this level we look again at the chart to see what comes next.

The immediate support is set around $19,750 with very strong support at $17,550.

Namaste.

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