BTCUSD
Hello readers!
So an inverse head and shoulders began Jan 20th at 13000 with trough at 6051 on Feb 6th. If the inverse head and shoulders continues, the price could increase to 18134.
Since Feb 15th, a double top has formed (neckline at 9416), followed by its peaks at 11621. If double top pattern continues, price could decrease to 7500.
Hopefully you can see why I'm a little confused as to which way price will go (with two contradicting patterns).
What do you all think? Perhaps there is just lots of indecision in the market?
WARNING- I am fairly new to all this. If you think what I'm saying is dumb, please correct me and offer advice :)