ArjunNiek

BTC potential inverse H&S

做多
ArjunNiek 已更新   
BITTREX:BTCUSDT   Bitcoin / Tether
So here is my idea about BTC.
I see an inversed head and shoulders forming with resistance around 9.9k ish.
MacD and Rsi show same oppurtunity to form inversed H&S.
The 9.9k level is veeeeery important.
If volume increases insanely and the resistance is broken, I think we are off the moon again.
If the volume isn't increasing and resistance can't be broken, we likely retest support levels again.
The second situation could create a lower low (4500-5000).
This is because of the lack of trust. I think we gained enough trust and power to pump BTC to higher levels again.
May this not be the case, we have to go lower to gain more trust and support from WHALES.

Shoutout to Satoshi.
#LOVE
评论:
Pattern completed.
For continuation a breakout on the upper resistance line is needed.
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