rb5network
Long

Long Term: Strong Bull Indicators on Daily Chart

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Here we are seeing a Bull Fractal , and Inverted Head & Shoulders form.

Bull Fractal is quite rare, and could pave-way to new all time highs. I'm not exactly sure when this may happen, but my guess would be maybe late April, to mid-May?

If anyone else has criticism, or agrees, let me know!
Mar 24
Comment: We see a bull flag forming, not sure if it will press forward, or fall more to further correct.
mmm...how does that look like an inverted head and shoulders? doesnt the head need to be bigger than the shoulders?
+1 Reply
rb5network Asma7assan
@Asma7assan, If it does, I did not know so. I just checked, and I couldn't find anything like that on Investopedia.

Is the head supposed to be bigger than the shoulders?
Reply
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