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BTCUSD H & S - Short to $45,000 then long to $58,000

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Here is an inverse head and shoulder pattern indicating a short sell to $45,000 and a long buy to $58,000.

Also, we can see more than one signal confirming this.

First, we can see a double top (M pattern) in play with price reacting to it's pattern.

Secondly, we can see a downward trendline breakout at $48,700 and a pullback in play, which proves a sell order.

Lastly, it's the inverse head and shoulder pattern confirming this.

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UPDATE!!

BTCUSD UPDATE - LONG TO $55,000 OR SHORT TO $49,000
btcusdlongbtcusdshortChart PatternsdoubletoppatternHarmonic PatternsInverse Head and ShouldersTrend AnalysisTrend Line Break

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