BTC buying the dip. Weekly inverse head & shoulders

4 Jul 2020

We're starting to see the signs of BTC about to roll over and form the weekly inverse head and shoulders I've been eyeing for quite some time now. The weekly stochastics are beginning to dump and the weekly RSI is about to close under the 52-54 area that has marked an important level for bullish or bearish trends. July and August should present great buying opportunities for imo the final good buying opportunity before BTC breaks out of its symmetrical triangle and Q4 run. Any prices in the $7,000-$5,000 are excellent chances to buy the dip. I'm looking at September 2nd as a possible bottom and $6,300 as a likely target. Will continue to watch closely to identify the days to buy. Lastly astrology is not looking great for July and August which lines up with the chart and TA. That's all make sure to have fiat on the sidelines!