Bitcoin on the 1hr is interestingly matching the capitulation we saw on the daily chart.
The pattern looks remarkably similar and suggests a dip, rise, consolidation and then a break out in the green zone.
Lets see how this plays out the 1 hour suggests a rise in the green zone around 19th May.
Hi One and all to my first BTC analysis of 2019. I hope you all had a wonderful new year.
Without further ado, BTC.
I have removed my IH&S pattern to aid clarity, if you want to you can go back to my previous publication to read what I had to say there about the formation.
A word before we continue though, as you will no doubt see BTC slid a little into the...
I am sure everybody has seen this pattern by now but will it fulfill its promise ~ I am not so sure?
Targets calculated using Elliott Wave Impulse fib levels and Bulkowski for Inverse Head & Shoulders.
Been absent for a while watching whats been happening.
In my last post all those months ago I got caught up in the hype of everything. Now after taking some time away to learn and reflect on it all, im back with a fresh perspective and analysis.
A inverse H&S pattern is starting to emerge from the charts. This doesn't by it self indicate a trend...