Bitcoin and all Cryptos forming major Head and Shoulders bottoming pattern...

in #bitcoin • 6 years ago

One of the most common chart patterns is the inverse(or upside down) "Head and Shoulders" bottoming pattern. This pattern typically manifests during a period of consolidation after a bull run, and before the next leg upwards. The chart below is the current 1 year chart of Total Crypto market cap courtesy of www.coinmarketcap.com. I believe based on this chart pattern AND the extremely strong fundamentals that the total crypto market cap will soon ascend to all time highs eventually hitting $2trillion. By all measures, this appears to be a GREAT time and place to get in!
totalcryptoheadnshoulders.jpg

Disclaimer: This is my non-professional opinion. I am heavily invested in Crypto markets at this time. Do you OWN due diligence.

#crypto #cryptocurrency #steem #steemit
6 years ago in #bitcoin by
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