BTC/USD Inside bar break plus inverse head and shoulders
There is a strong bull break of the 4 hour inside bar at 8534. Note that before the break to the upside, there was a break to the downside of the inside bar at 8336 but the bears saw no follow through. The bull break that follows is much more convincing because of that.
Inverse head and shoulders also formed on 1 hour time frame (in process of breaking out). Note that Ethereum and multiple alt coins have already broken out of the Inverse Head and Shoulders pattern.
The bulls will want to form a strong daily candlestick with close above 8700 and ideally 8900 to have a clear 3 bar reversal pattern on the daily time frame.
BTC is heading to the moon ahead of/during Consensus.
Inverse head and shoulders also formed on 1 hour time frame (in process of breaking out). Note that Ethereum and multiple alt coins have already broken out of the Inverse Head and Shoulders pattern.
The bulls will want to form a strong daily candlestick with close above 8700 and ideally 8900 to have a clear 3 bar reversal pattern on the daily time frame.
BTC is heading to the moon ahead of/during Consensus.