AstonCWP
Short

BTC POTENTIAL H&S PATTERN W BEARISH DIVERGENCE

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As stated BTC is forming a head and shoulder pattern om the 1h, the neckline has bearish divergence with the RSI . Looking for the 9600 CME gap to be filled

Comments

Daily bullish divergence plus daily histogram golden cross. If TA is respected we are headed into the 11.4k range. Gap is a trap. Won't be filled this year.
+1 Reply
AstonCWP NIGHT_NIGHT_5
@NIGHT_NIGHT_5, I see bearish divergence on the daily RSI.. 9600 gap filled and long term downtrend support line S/R needs to be retested before upward movement IMO
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Nice work
+1 Reply
GreatWork
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Have a look at my idea Bitcoin Fib Analysis...will go higher?
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good work
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