Raul_Dominguez

Possible Inverted Head and Shoulders Pattern on Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

As you can see in the chart, we may be in the process of making an Inverted Head and Shoulders Pattern on Bitcoin, www.freeonlinetradin...d-and-shoulders.html .

To confirm this pattern, we will need a close above $11,000 USD on Bitcoin. If we do, that should give us a price target of about $17,000 USD.

An encouraging sign is that we made a Hammer Candlestick Pattern on Thursday 15 of this week, www.freeonlinetradin...tion.com/hammer.html .

So well see, it is looking good to me.

Good Luck to You All

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