BTCUSD - Potential Inverse Head & Shoulder on daily chart
The daily chart shows a potential Inverse Head & Shoulder similarly to the one back in early June, 2018.
As you can see, when BTC price was heading down and approaching near the dip of the left shoulder, bulls were bring it back up with an intention to form a right shoulder.
In the next 3-4 trading days, if BTC approachs near the neck line just above $4000 mark and not being rejected so hard from that line, it will definitely catch attention from many other traders.
As you can see, when BTC price was heading down and approaching near the dip of the left shoulder, bulls were bring it back up with an intention to form a right shoulder.
In the next 3-4 trading days, if BTC approachs near the neck line just above $4000 mark and not being rejected so hard from that line, it will definitely catch attention from many other traders.
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