Bitcoin Inverse Head and Shoulders
I normally don't care about chart patterns but today I do. I thought of the possibility of an inverse head and shoulders forming way back in march after the failed inverse head and shoulders that everyone was excited about. At the time I thought to myself what if we form another head and the previous right shoulder is now the current left shoulder. I drew it out but only as a speculative idea. I looked at it today for the first time since March and it seems to be another inverse head and shoulders.
Anyways I've labeled possible targets
RSI has yet to see a rally from the bullish divergence
Expecting current rsi to dip to trend line before buying in
Anyways I've labeled possible targets
RSI has yet to see a rally from the bullish divergence
Expecting current rsi to dip to trend line before buying in
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.