Bitcoin formed right shoulder of inverse head and shoulders on 4hr chart. stoch rsi looks overbought but in next 24 hours should cross $7760 then next is $7955
Still learning but it looks like the Andrews pitchfork on the 4 hr says we hit a critical on the 4hr BTCUSD and if it stays in channel we should see some sideways for a while.
It appears the the 4 hr broke the bear run but over the next few days it looks like this might run sideways due to the uncertainty in the EU and regulations that may follow. I don't have high hopes of btc crossing 11,500
Hope that I am wrong.
NOTE: I am very green at chart reading.
