Inverse H&S Signalling A Return To 12K

BITTREX:BTCUSDT   Bitcoin / Tether
Bitcoin is still a long way from confirming a long term reversal, however, there have been super positive signs on the 4H chart.

1. Strong Bollinger Band reversal with volume .
2. Ichimoku cloud is giving 3/3 bull signals (price above kumo, tenkan/kijun cross, chikou cross)
3. BTC has broken out of the 1 month falling wedge pattern and confirmed breakout with 4 candles outside of wedge .
4. RSI is strong.
5. Finally, this Inverse H&S has just completed and been confirmed by a candle close above the neckline.

Therefore, my short-mid term target is 12K.

PM me for entries, targets, custom charts, access to my paid Telegram group or my chart analysis course.
Comment: BTC is struggling to break above the neckline. Interesting to see what happens if we hit the 61.8% level
Comment: Well well well, look who's above the neckline again
Comment: Looking for a close above the neckline and then we need to break this downtrend for more upside. Thanks to the Wolf for pointing this downtrend out.
Comment: Looking good.
Comment: Great signs for BTC.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out