alexander.lloyd74

alexander.lloyd74

After taking into account that BTC has been hitting tops and bottoms on the 6th, I thought it was important that I made some adjustments. As you can see, the right shoulder of the inverse H&S now lines up almost perfectly at 6900 with the February and October support lines on the 6th of June. I think we need to confirm this support before we see a reversal....

alexander.lloyd74

For most of the time I've been lurking on the TV forums, but about a week ago I picked up on this H&S pattern with BTC and it seems to be working great for me. I know it's pretty simplistic so any pointers would be great. If I do continue to publish I intend to have a neutral outlook when it comes to Technical Analysis. Don't expect any regular updates for now :)