pawelchasikowski
Long

MPC you master of charts, the professor, tell me am I right ?!

BITTREX:BTCUSDT   Bitcoin / Tether
I'm the master of the charts, the professor, the legend, the king, and I go by the name of almost Magic! Au revoir.

Welcome friends, foes, animals, aliens, my family of crypto lovers, to this one-of-a-kind, oh-so spectacular analysis on the big mac daddy of crypto, BITCOIN! Let's get right to it!

Looking at the 1D chart in log scale I see huge inverse head and shoulders pattern that is covering all bearish patterns. Neck Line Of that pattern is as well topline of downtrend channel , which need to be broken for confirmation. Resistance may be hard because it will be inverse H&S shoulders neckline supported be EMA200 actin like a resistance. But I think daddy BTC             will broke it!

Here I'am kindly ask my king, and who goes by the name of Magic! Au revoir is it valid ? Of course Im bullish and bearish at once like you my master. And does it change something that USA TAX returns starts tommorow I think ? It may help us to go full bullish mode ?

Magic and rest of your bearish monastery If you support my chart please TIP poor boy learning from you. Just send me private message I will give you my wallet adress I promise I spend it on TA book to be ass good as my lord in market shorting.

You all Have a Good Day!!!
you neck line is too slanted for this to be a Inverted H&S. We did fail to make a LL on BTC/USD though and can call it a double bottom. Provided the 6400 level holds.
Reply
pawelchasikowski Maximilian108
@Maximilian108, dont think so bro, who told that H&S have to be straight ?
+1 Reply
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