jjaskulowski

BTC H&S

Long
BITFINEX:BTCUSD   Bitcoin
I don't use H&S most of the time.
Comment:
The Linear regression channel shows that we have moved to buy area (above linear regresssion - thin blue lines)
The Gaussian smooth and its derivative show that we lose 100 bar bearish momentum and we will go up probably by changing from red to blue.
Also on the 1H we have flirted with a 200 MA.
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