ttt4567

BTC - possible inverse Head&Shoulders forming?

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BITFINEX:BTCUSD   Bitcoin
Hello!

DISCLAIMER:
THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE.
I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS!
FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA!

Inspired by youtube channel "Cryptopredictions".

If we can see a right shoulder forming over the next days, there could be an inverse H&S pattern forming. Target was done by taking the bottom of the head up to the neckline.

DISCLAIMER:
THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE.
I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS!
FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA!
Kommentar:
More conservative scenario:

Kommentar:
Update using the Boss Method by Brandon Kelly:

Moving Averages:
White: 7 days
Blue: 77 days
Purple: 231 days

I tried predicting where the Moving Averages will go and in my opinion this suits my guess from before with the Head&Shoulders pattern, have a look and tell me your opinion:


DISCLAIMER:
THIS IS NOT TRADING ADVICE AND NOT FINANCIAL ADVISE.
I AM NO FINANCIAL ADVISOR AND I AM NOT RESPONSIBLE FOR ANY LOSSES YOU MAKE. DO YOUR OWN RESEARCH, ONLY YOU ARE ACCOUNTABLE FOR YOUR ACTIONS!
FOR EDUCATIONAL PURPOSE ONLY, THIS IS JUST AN IDEA!
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