Hi everyone:
Looking at BTCUSD for potential buy opportunities to the recent tops.
We see the overall price is in this correction channel structure on the higher time frame.
The recent price action had a continuation correction and price manages to break above it. A potential inverse Head and Shoulder pattern as well.
I am waiting to see if price will develop a smaller continuation correction in the lower time frame for confirmation for a short term bullish move up.
Thank you
Looking at BTCUSD for potential buy opportunities to the recent tops.
We see the overall price is in this correction channel structure on the higher time frame.
The recent price action had a continuation correction and price manages to break above it. A potential inverse Head and Shoulder pattern as well.
I am waiting to see if price will develop a smaller continuation correction in the lower time frame for confirmation for a short term bullish move up.
Thank you
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