cscarpa

BTC loves FIB levels! + possible inv. head & shoulders pattern?

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COINBASE:BTCUSD   比特幣
I'm frequently amazed by how BTC follows Fibonacci levels :) I'm not a big fan of using TA on Alts, but on our "big brother" it seems to work beautifully! Adjust your trades accordingly and gain great profits by riding the waves.

We could head up as the chart is starting to show signs of a "reversed head & shoulders pattern" (though I'm not a big fan of patterns either) - Watch the support levels on the downtrend from December, they will act as resistance on the uptrend ;)
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