Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
We may have a inverted h&s forming. If you take a parallel line from the neckline, the bottom of the right shoulder should be around 8180. This would be exactly the same as 50% fib retracement. Another possibility is that we retrace to 61,8% golden pocket and that forms the right shoulder. If this pattern forms, the target price after breaking the neckline would be around 13k.