BitcoinPanjang
BTC/ USD - Possible H & S Pattern forming before pullback!
Hello Traders,
Let the slow burn begin.
We should see a quick uptick to finish a head and shoulders pattern on the daily chart. Followed by a pullback to the 200/255 EMA region. If we break this zone, look for the price to wick the .618% FIB and then take a bounce to the upside.
In the meanwhile get ready to jump on the altcoin opportunities and then cycle back into BTC with your earnings.
Good luck!
Let the slow burn begin.
We should see a quick uptick to finish a head and shoulders pattern on the daily chart. Followed by a pullback to the 200/255 EMA region. If we break this zone, look for the price to wick the .618% FIB and then take a bounce to the upside.
In the meanwhile get ready to jump on the altcoin opportunities and then cycle back into BTC with your earnings.
Good luck!
Penafian
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