Btc forming head and shoulders in 4 hour time frame which is inverse H&S that gave a buy order somewhere under the current support line 58 k or 52k if the upper support not holding.
Only my own Analysis not a financial advice.
Always #DYOR before trading.
People may start moving their bitcoin profits into Altcoins due to fear...
Altcoins will Rocket Based on This Idea!
Bulls Make Money, Bears Make Money & Pigs Get Rekt!
💠Join The Crypto Collective💠
The Inverse Head & Shoulders Patterns is one of the most well known chart patterns and has a higher success rate then most (success rate, is that rate at which the pattern hits its target; the "measured move").
The pattern can be seen as a potential sign that a momentum reversal is coming into play with the last part of the pattern: the right "Shoulder" showing...