jojofang0901

BTCUSD look for short term buy opportunitie from this correction

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi everyone:


Looking at BTCUSD for potential buy opportunities to the recent tops.

We see the overall price is in this correction channel structure on the higher time frame.

The recent price action had a continuation correction and price manages to break above it. A potential inverse Head and Shoulder pattern as well.

I am waiting to see if price will develop a smaller continuation correction in the lower time frame for confirmation for a short term bullish move up.


Thank you




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Comments

Nice chart. Chances are is going to follow the yellow drawing...
Reply
jojofang0901 CryptOpportunity
@CryptOpportunity hello, yes I am just waiting for confirmation for a correction to develop to give me the confluence to enter a buy. Thank you
+1 Reply
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