The Bitcoin
BTC
is currently forming a bullish flag and has formed an inverted Head & Shoulders pattern in the last few days. Now, I'd like to see how the price breaks through and re-tests the upper channel.
Then, I would consider adding more to my current position.
BTC
is currently forming a bullish flag and has formed an inverted Head & Shoulders pattern in the last few days. Now, I'd like to see how the price breaks through and re-tests the upper channel. Then, I would consider adding more to my current position.
Commento:
As mentioned 3 days ago, the
BTC
daily chart formed an inverted H&S pattern. Now, the neckline has been broken to the upside. The chart may now retest the upper channel before continuing its upward move.
BTC
daily chart formed an inverted H&S pattern. Now, the neckline has been broken to the upside. The chart may now retest the upper channel before continuing its upward move.
Commento:
BTC
We recently observed a nice inverted Head and Shoulders (H&S) pattern, followed by a successful retest of the breakout level.
The next step will be to break the $73,800 level with an increase in volume. I would like to see a Marubozu candle or a candle with an above-average body, covering at least 70-80% of the total candle length
BTC
We recently observed a nice inverted Head and Shoulders (H&S) pattern, followed by a successful retest of the breakout level.
The next step will be to break the $73,800 level with an increase in volume. I would like to see a Marubozu candle or a candle with an above-average body, covering at least 70-80% of the total candle length