Bullish H&S showing up on the daily and on the 1 hour charts. Long at $9520 stop under $9000. We could finally be looking at the reversal!
We hit BTC short last night at $10,074, price moved up over night into the descending trend line and we have doubled up our short position on a touch of that trend line!
We are shorting Bitcoin here after some very bearish indications have shown up on the 4 hour chart. We can see below a Head and shoulder pattern coming up into the descending trend line of the wedge on the daily chart. The false breakout of the wedge and the H&S reversal pattern and the ascending trend line breaking all give us a strong enough sign that BTC still...