GoldBands

Potential Reverse H&S on BitCoin

BITSTAMP:BTCUSD   比特幣
If the 50% fib holds, a reverse H&S pattern could be setting up on the daily timeframe. I think this is a low probability and there’s no buy signal yet.

The top alt coins on the right, priced against bitcoin, look very weak. No buy signals there either.

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