NestorTorres

BTC/USD Potential H&S Pattern?

BITSTAMP:BTCUSD   Bitcoin / Dolar
Hi,

I'm new at this but, could you share your opinion about this potential situation?

Thanks in advance.

best regards,
Very astute observation on the actual pattern. However, there's a lack of, and in particular, no increase of volume on the H. Still plausible however.
+1 Balas
An head and shoulders is all about the volume this is not a head and shoulders. If the price stops with gaining at 16200 it is making a symmetrical triangle wich is very bullish
+1 Balas
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