Long

Bitcoin inverted H&S?

Updated

With the pump from BTCUSD 2.54% today I now see an inverted H&S forming and thought I'd play pick the 5 sell/buy zones for a bit of fun. In general I'm bullish now but looking for a small short entry.

Lets see how this goes. Good luck!

Note

All price levels hit - except for the last one (5).

Looks like the inv H&S played out a lot quicker on the time frames. Updated chart below:

Note

NB. we wicked down to 4 but may hit 4 again or go straight to 5 from here. Everything is bullish right now so my guess is straight to 5 from here.

Good luck!

Note

All 5 price targets hit. The right should just a lot more compressed than the original image.

Where to now? The moon of course :)

But lets work on breaking that bear TL from 20k first.

Good luck!

Rexcell

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