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bmneveu
Feb 22, 2018 7:21 AM

Reverse H&S setup for Bitcoin? Long

Bitcoin / United States DollarCoinbase

Description

Is there a reverse H&S pattern setting up for BTC? Neckline is a little steep and left shoulder never returned to the neckline, but otherwise the shape is there. We would be entering the right shoulder dip right now if so, with the bottom coming within 72 hours in the $7,600 to $8,000 range. From there, it would project a $17,600 target mid to late March.
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