Potential Reverse head and shoulders forming on the BTC 1hr!!

8 de jan. de 2018

There seems to be a clear upsude down H&S Pattern forming on the BTCUSD Hourly chart. My analys has my targets of support/resistance and and overal mid-term prediction of bitcoin testing back near its ATH by months end, Fingers Crossed. If you missed the recent dip down to 1400, no worries there will be another great time to get back in once that right shoulder forms up around the 1300 level. I'm looking to buy more BTC just above the 1300 mark on its uptrend after confirmation of it being right shoulder, but there is potential for it to drop much lower for the better portion of a day or so if you catch it on time.

13 de jan. de 2018

Nota

it took a bit longer for the drop down to the buy zone than i thought after BTC found support at aroud 1350. Otherwise, my buy zone was right on point assuming the market stays in this now bullish trend.