kyanmarco

Inverse Head and Shoulder Pattern - Possible Scenario

COINBASE:BTCUSD   Bitcoin
You are looking at BTCUSD 4 Hr Chart, Coinbase

Righto, lets get to it! " There is a Inverse Head and Shoulder pattern development at the moment"

BTC is still holding on the Rising wedge and it seems that it is going up and if its is goes down as per my previous publish then it respected the TA but if it is goes up it also respected the TA as the inverse head and shoulder pattern.

I will wait for some price action before I consider going Short or Long.

Because after so many speculations about BTC, we are still unsure the future but there is one thing that is good for us.
When Bitcoins goes up, it will be beneficial for us.

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