TradingView
JayCGianfreda
Jul 14, 2019 8:38 AM

Bitcoin Inverted H&S pattern ?? 

Bitcoin / DollarBitfinex

Description

Ok this is a time sensitive zone

We are currently fighting between 11K1 and 11K2 after the bounce on 10K8 support trendline
( support zone level that we highlighted in tradingview.com/chart/BTCUSD/K0QwrVr9-Bitcoin-fighting-but-going-down/)

Note the inverse H&S pattern on H1.. If we break it we can go back to 12K5
Note also the GOLDEN CROSS on weekly chart happening tomorrow (Monday) that is very bullish

We still need to see if the H&S inverted is confirmed

Order cancelled

Inversed H&S NOT confirmed
Going down and testing resistance line on 10K8
More