neuromancer
Long

Bitcoin Inverse Head and Shoulders Trend Reversal

POLONIEX:BTCUSDT   Bitcoin / Tether USD
235 2 3
The orange trend line was my target for the correction. Now that it has hit, I see a trend reversal with targets higher than $20,000 for January, possibly sooner if people are feelin the christmas cheer.
Nice chart. I'd be wary of bull signals on 15m chart though.
Reply
@Brisben, good point. I don't normally have issues trading 15min, but of course you need to take into account bitcoin being overpriced since November.