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Rexcell

BTC Adam & Eve formation with inverted H&S - $11.5k+ by mid May

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Bitcoin (BITSTAMP:BTCUSD)  
Rexcell  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency)
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trendanalysis chartpattern indicator bitcoin

BTCUSD has now officially broken out the medium term bear TL and I've charted previously this larger Adam & Eve formation forming for a nice round curving consolidating bottom.

Price movements from here that I see happening (we're currently at $8860)
1. Up to $9000-$9100
2. Down to $7700-$7900 (right shoulder)
3. Up to $9000-$9100 (neckline)
4. Down to $8500-$8700 (small bounce from neckline)
5. Up to $11500-$11700k to complete right arm (and beyond)

Good luck with your crypto!
Penafian

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