Bitcoin Inverse Head and Shoulders

22 mai 2018

I normally don't care about chart patterns but today I do. I thought of the possibility of an inverse head and shoulders forming way back in march after the failed inverse head and shoulders that everyone was excited about. At the time I thought to myself what if we form another head and the previous right shoulder is now the current left shoulder. I drew it out but only as a speculative idea. I looked at it today for the first time since March and it seems to be another inverse head and shoulders.
Anyways I've labeled possible targets
RSI has yet to see a rally from the bullish divergence
Expecting current rsi to dip to trend line before buying in