Here is my idea on BTC, could play out? It has broken out and retested the main white downtrend line. The new red line is the downward retest line it has to now break.
At the first range i saw a head and shoulders that brought BTC down to retest, Its now in the retest range but i have spotted an inverse head and shoulders in this range, so a break out to the range above is plausable. If it does then maybe a bigger inverse head and shoulders could play out. It would get BTC back up to the Value Area High.
At the first range i saw a head and shoulders that brought BTC down to retest, Its now in the retest range but i have spotted an inverse head and shoulders in this range, so a break out to the range above is plausable. If it does then maybe a bigger inverse head and shoulders could play out. It would get BTC back up to the Value Area High.