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Inv. Head & Shoulders Pattern at Bitcoin!
Bitcoin
Long
Inv. Head & Shoulders Pattern at Bitcoin!
By BitbullTrading
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Feb 15, 2022
6
Feb 15, 2022
Hello Everyone,
attached is a view of the larger 4h timeframe. Here you can clearly see that we are forming an Inverse Head and Shoulders PAttern.
This is a bullish chart pattern and could take us back towards $50,000.
I've also drawn you the resistance zone where I think Bitcoin could run into some trouble and not immediately break to the upside.
Feel free to write it in the comments what you think!
P.s.: Stay healthy and take care of yourselves!
Yours
BTCMoneymaker
Bitcoin (Cryptocurrency)
bitcoinanalysis
bitcoinforecast
bitcoinprice
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Chart Patterns
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BitbullTrading
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