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crypto_gunther

Inverse Head & Shoulders Formation for BTC & DGB Log Charts

Long
Bitcoin (BITFINEX:BTCUSD)  
crypto_gunther Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Trend Analysis
5
0
chartpattern trendanalysis
Idea is valid if and only if these conditions are met for BTC & DGB:

1. Price breaks above the downtrend line and finds support
2. Strong buy volume

This chart is posted as an experiment to see how the price behaves. It is not investment advice.
Comment:
A bearish scenario for BTC & DGB if BTC hasn't finished its ABC correction:

ABC Correction Scenario for BTC & DGB
Comment:
Head & Shoulders formation on DGB USD log chart:

Head & Shoulders Formation on DGB USD Log Chart
Comment:
If this BTC idea plays out then the alts will get slaughtered:

The Descent of Bitcoin to $1,826
Comment:
BTC buy zone based on Fibonacci levels: $4,384 - $1,819

BTC Buy Zone: $4,384 - $1,819
Comment:
BTC bullish pennant scenario:

BTC Bullish Pennant
Comment:
Questions for your consideration regarding Bitcoin:

BTC Gets Wrecked Scenario Before an Epic Run
Comment:
This idea may be right after all.
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