UnknownUnicorn1063189

Bitcoin Setting Up To Go Higher?

Long
BITSTAMP:BTCUSD   Bitcoin
Looking at the left chart we appear to have completed Wave 4 and now developing Wave 5. Wave 5 is ecpected to test current All Time High (Double Top) or making New Highs.

In addition, there appears to be a pattern of an Inverse Head and Shoulders developing. This is a bullish pattern and should the neckline be tested and broken New Highs could be made.

We must now oberve if teh structure of highs and low fulfils this pattern.

Hope this helps,

Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
Cryptotrading Mastery
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