Fining Support On Resistence line from december highs possible inverted H&S and will combine with a Break out of the downward Wedge we have been in since january 20, 2018. If the inverted head and shoulder does continue to form and we get a confirmed breakout we will see a break out of the this wedge. The inverted head and shoulder gives up a break out target of about $9500 but this will also trigger the break out of the downward wedge and that will give us a target of about $11500 -$12500. We still need alot to happen over the next 2 weeks or next 11 days as we need a slight correction to form the right shoulder and then we should have a strong push up and through our resistence at $7800 area which will catipults us up for a overall target of $12,500. If we hit this target we will be in a confirmed bull trend and money should flow in strong. But getting above 10K first will be a significatn move and will bring back all the retail investor and big money. So we are at a exciting point in BTC especially coming after about 60 days of misery and downward price action. Happy sunday everyone and happy trading. Lets have a good day and spend some time with your families
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