BTC looks like it may be setting up an inverse head and shoulders pattern. If that scenario plays out, I would actually expect the monthly candle to close above the mid point of the log curve with bullish continuation. Now, this feels like a very optimistic scenario, but we can't count it out yet.
Commentaire:
If I took the time to measure the bars, this would be exact. Looking for a run here to complete the pattern.
Commentaire:
So far so good.