spiritualfx

Bitcoin refueling before take off!

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin has been unstoppable, i think price is going to correct deeper before taking of to the moon and beyond.

Price has broken out of a HTF Reversal pattern structure - Ascending Wedge impulsively and showing continuation correction,

On the LTFs price shows Continuation Correction pattern - Ascending Channel which also broke out impulsively


I see a possible LTF head & shoulders pattern forming at the top of a possible HTF right shoulder giving extra confirmations.

I believe this move is going to be making the 3rd touch to the HTF Bullish Descending Wedge in a demand zone which will take Bitty to the moon

Any feedback would be great
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