Bitcoin Long Investing (H&S nearly complete. but may take time)

A larger head & shoulders formation is almost complete. If we breakout to the upside then look for a HUGE leg up to follow. But if we breakdown.. look for price action to coil up within this channel before the breakout happens. As you can see. I am quite bullish on this chart. I believe there is very little chance for significant downside from these levels.

Hold on to your butts, this might be an uncharacteristic weekend with huge price action.

Comentário:

Here is the h&s for reference: