Bitcoin is forming an inverse head & shoulders pattern. I expect some bullish price action once it breaks out above the 2h Ichimoku cloud. Consider going long once it breaks the h&s confirmation line.
Note
Inverse H&S is now complete.tradingview.com/chart/qRmuOglF/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.