queserasera_btc

COSBTC - Breaking out of inverse H&S neck line

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queserasera_btc Actualizado   
BINANCE:COSBTC   Contentos / Bitcoin
COS BTC pair has recently formed an inverse H&S and has recently broken past the neck line.

This is a very bullish level and as long as we hold above this neck line, i would expect to see some further growth.

As can see, we just broke past the 1.618 fib level, before retracing a bit. I expect some sort of consolidation around the neck line area where support will be formed before we lift back up.
Comentarios:
Seems like the rounded bottom and the inverse H&S has played true. 1.618 has showed support and we can expect continuation through the upper levels.
Comentarios:
Climbing the ladder to the moon. Glad to see 2.618 level was broken, but I am cautiously optimistic that we will flip this level to support.

I would like to see buyers step in to give confirmation on this however, it may be that 2.618 is our local top for now. I would definitely take profits here - as always take what you are comfortable taking, and leave some for further continuation if it is to happen.
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