Bitcoin Final H&S Approach

Von Cirea
Altcoins are obviously overtaking the market at this moment. People bored of btc bear mode are starting to search for quick profit. I think that btc is prepering reversal pattern (finally after disappointing previous ones). Forming at the bottom of a triangle. I'm expecting pullback until Daily RSI is oversold. Additionally if i'm correct at the end of right shoulder we should see 50 & 20 day moving average cross.
Of course we might see another continuation pattern, but i think it is less likely to happen.
Bitcoin (Cryptocurrency)BTCUSDChart PatternscoinCryptocurrencyTechnical Indicators

Haftungsausschluss