Phaker

BTC inverse HnS forming, reversal?

BITFINEX:BTCUSD   Bitcoin
Welcome to my BTC analysis.
The MACD looks bearish , it's nearing the upper resistance. Also the RSI is looking a bit bearish. BTC is approaching the 0.236 fib and the neckline of the white HnS. They will probably let Bitcoin drop to finish the E wave of it's pennant. Then I expect a run to around 7500-7650. Hopefully it will break through the neckline of the inverse HnS. I will give some updates when it happens.

This is not a recommendation to buy/sell.

(I'm posting this again because the other chart was XBT)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.