UnknownUnicorn2239932

Breakout Target for Inverse Head & Shoulders!

Long
BITSTAMP:BTCUSD   Bitcoin
Hello, friends!

I hope you are well!

It is possible that BTCUSD is forming an inverse Head & Shoulders.

It is early, as no right shoulder has formed. The potential is there though. If it does I want to be ready.

The plan:

  • Let the right shoulder complete (preferably higher than the left to show bear exhaustion).
  • Wait for a confirmation of a breakout at the neckline on high volume (very important).
  • My target is $8850.00.

Happy Holidays!
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