BTC potential breakout
BTC seems to have formed an inverse H&S pattern on the daily TF. Retested the neckline twice along with HTF resistance trendline and 0.5 fib.
Also dipped into golden pocket for both shoulders of the pattern.
However, volume not confirming with the pattern, higher volume for the head and marginally smaller volume for right shoulder.
Trendline, 0.5 fib and neckline all to be broken on the move up, if this is done on high volume I think a substantial move up to end February in double digits % increase before a downward March
Also dipped into golden pocket for both shoulders of the pattern.
However, volume not confirming with the pattern, higher volume for the head and marginally smaller volume for right shoulder.
Trendline, 0.5 fib and neckline all to be broken on the move up, if this is done on high volume I think a substantial move up to end February in double digits % increase before a downward March
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