LOOKING AT THE 1H CHART, THERE IS A POSSIBILITY OF AN INVERSE H&S WITH THE RIGHT SHOULDER FORMING. AS I AM WRITING, THERE IS A STRONG HAMMER CANDLESTICK FORMING MAKING A REVERSAL LIKELY.
THE ABOVE ARE MY OPINIONS AND SO PLEASE USE YOUR OWN JUDGEMENT AND TRADE RESPONSIBLY. CRYPTO-CURRENCIES ARE A VERY VOLATILE AND FAST CHANGING TRADING SPACE UNLIKE ANYTHING WE'VE SEEN BEFORE. THINGS CHANGE ERRATICALLY AT TIMES SO ITS IMPORTANT TO BE NIMBLE AND CHANGE YOUR POSITION WHEN TRENDS OR PATTERNS YOU FOLLOW FAIL TO REAP THE FRUITS YOU HOPED FOR.
GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW
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My BTC Inverse Right shoulder is almost complete:
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As predicted. Lets see if we make it to my 10.5K target