BitcoinLargo
Two inverse head & shoulder patterns
Actualizado
Hello!
It may seem like we have a reversal upon our hands how far i have absolutely no idea but potentially to the 6000$ level because of all the free room. At this current level there is a fractal within the inverse h&s pattern that to me signifies a probable strong incoming bull move because on top of that the patterns have found peculiar support around the dotted numbers visualized for you.
If you also take a look at the daily chart from 2017 september all the way to the left we have a similar pattern re-occuring at the same level of supports.
With that said i'm not going to write much more as i assume that all of you have various different insights but the same pair of eyes, so do take a look at the charts and speculate.
It may seem like we have a reversal upon our hands how far i have absolutely no idea but potentially to the 6000$ level because of all the free room. At this current level there is a fractal within the inverse h&s pattern that to me signifies a probable strong incoming bull move because on top of that the patterns have found peculiar support around the dotted numbers visualized for you.
If you also take a look at the daily chart from 2017 september all the way to the left we have a similar pattern re-occuring at the same level of supports.
With that said i'm not going to write much more as i assume that all of you have various different insights but the same pair of eyes, so do take a look at the charts and speculate.
Nota
If price breaks the monthly average that the price has found support on together with the round numbers and the pattern we might see a move towards next support at 2800~
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