VERY NICE INVERSE H&S PATTERN FORMING INSIDE THE RIGHT SHOULDER OF A MUCH LARGER INVERSE H&S. IT ( THE SMALLER INVERSE H&S) JUST FITS LIKE A GLOVE AND FULFILLS THE LARGER INVERSE H&S PATTERN.
IF THAT HAPPENS, WE ARE TARGETING OVER $16,000
THE ABOVE ARE MY OPINIONS AND SO PLEASE USE YOUR OWN JUDGEMENT AND TRADE RESPONSIBLY. CRYPTO-CURRENCIES ARE A VERY VOLATILE AND FAST CHANGING TRADING SPACE UNLIKE ANYTHING WE'VE SEEN BEFORE. THINGS CHANGE ERRATICALLY AT TIMES SO ITS IMPORTANT TO BE NIMBLE AND CHANGE YOUR POSITION WHEN TRENDS OR PATTERNS YOU FOLLOW FAIL TO REAP THE FRUITS YOU HOPED FOR.
GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW.
IF THAT HAPPENS, WE ARE TARGETING OVER $16,000
THE ABOVE ARE MY OPINIONS AND SO PLEASE USE YOUR OWN JUDGEMENT AND TRADE RESPONSIBLY. CRYPTO-CURRENCIES ARE A VERY VOLATILE AND FAST CHANGING TRADING SPACE UNLIKE ANYTHING WE'VE SEEN BEFORE. THINGS CHANGE ERRATICALLY AT TIMES SO ITS IMPORTANT TO BE NIMBLE AND CHANGE YOUR POSITION WHEN TRENDS OR PATTERNS YOU FOLLOW FAIL TO REAP THE FRUITS YOU HOPED FOR.
GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW.
Comment:
WAS SCARY YESTERDAY BUT SEEMS LIKE A BRIGHT NEW DAY. LOOKING FOR MY PATTERN ABOVE (SMALL INVERSE H&S) TO TAKE PLACE AS STEP 1 IN TAKING US TO THE 16K TARGET.
Comment:
COMPLETION OF SMALLER INVERSE H&S AND IMMEDIATELY THE LARGER INVERSE H&S IS IMMINENT. WE EVEN HAVE A RISING WEDGE TO BOOT. (GREEN RISING BOTTOM AND RED TOP FORMING THE WEDGE)
Comment:
I KNOW THAT THE RISING WEDGE NORMALLY LEADS TO A BREAKDOWN OF PRICE BUT IN THIS SCENARIO, IT WILL BE SQUEEZING BTC UP