wmforex

Bitcoin analysis(BTCUSD ) on 4 hour chart

wmforex Updated   
BITSTAMP:BTCUSD   Bitcoin

__There is an inverted head and shoulders pattern (black color)
__ Exceeding the descending channel and forming an ascending channel (red)
__ He ​​broke through the neckline at 55134 and scored the first goal 56780, then the second goal 58514, correcting it to 56999 and returning back.
__ He ​​now has three Buying Goals: (green clip)
1) = 58514, which is the same as the second target previously
2) = 59559
3) = 60720, which is the fourth and last target
__ May reverse at 59559.
__ Do not forget that it is difficult to exceed 61,455 on the daily chart in the Wyckoff stage
Comment:
He succeeded in two results out of four
its over

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