Good news for the bulls

Morning everybody,

So, BTC keeps our H&S setup pretty nice - congrats to everybody who has taken long position according to our previous update. I suppose you do not have any questions guys, right now.

That's why, today's update is mostly for those who have missed this chance. Unfortunately I can't put everything on single chart, so detailed analysis you could see on our video (link below). I just say
that we have bullish grabbers on daily which confirm H&S pattern and let us suggest 11.5K area as a target.

Now, how to take position at current moment, when the bottom of right arm already is formed. We could consider 1H chart and here you could recognize another, minor H&S pattern. Most probable that its right arm
will be completed around 10.15K area. Thus - watch for "222" Buy around 10.15K Support level (it is also 5/8 Fib support around it) and this will be another chance to go long.

Thus, we keep our reverse H&S scenario on 4H chart and suggest that BTC could reach 11.5K area on next week.