Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Bitcoin
May 16, 2021
BTC potentially rallying soon?
0
Grab this chart
Grab this chart
It looks like BTC could be forming an inverse head and shoulders pattern on the 4-hourly BTCUSD (bullish).
This implies holding the 20week MA this week.
If it plays out, I would expect good momentum to go back to the 60k with BTC.
Very interesting how it will play out! Let's see!
No financial advice - just something I recognised as inspiration!
Always consider downside risk!
da1001
Follow
BTC
BTCUSD
btcusdlong
Chart Patterns
Head and Shoulders
Trend Analysis
da1001
Follow
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
.