Savvythe1

Are we looking at a Head & Shoulders pattern on BTC?

BINANCE:BTCUSDT   Bitcoin / TetherUS
As I sit here and watch BTC/USDT take a nice hike upward I watched for where the green would stop. As suspected we would come up to around $11,720 and hit a resistance as this would be a perfect right shoulder on a H&S pattern. We can all see the many Bullish indications surrounding BTC however, a healthy pull back would be ok to see as well. With the golden cross, new breaking of preious highs at $10,500 and new money coming back into the crypto market I do not feel as if this H&S pattern plating out will be cause for too much worry.

Let me know what you think in the comments.

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