trentrehnquist

BTCUSD Completing Inverted Head and Shoulders

Largo
BITSTAMP:BTCUSD   Bitcoin
4H BTCUSD appears to be completing an inverted head and shoulders. I expect a rebound once this pattern is completed. Bitcoin has had good support at the 57,000 level all week and is ready to bounce. When you look back at the inverted head and shoulder patterns BTC has completed the past two weeks it is followed by a bounce. Please do your own research and analysis but I wouldn't worry about this dip as it appears to be completing the shoulder before the bounce up.
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