Inverse H&S
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I think BTC is in accumulation fase and what im looking out for is price to make its next higher low and in doing so I believe it is a good chance we print a Inverse Head & Shoulder pattern before blasting of to the range high around 71k sometime in september.
On the 2h chart price is on its way to print a Head & shoulders and if confirmed the price target is coinciding with the area of where the right shoulder of the Inverse Head & Shoulder is at around 61k
On the 2h chart price is on its way to print a Head & shoulders and if confirmed the price target is coinciding with the area of where the right shoulder of the Inverse Head & Shoulder is at around 61k
Commentaire
Invalidated... could still retest the 63K though
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