Bitcoin A Day Keeps The 9-5 Away - H&S Pattern Complete!

in #bitcoin6 years ago (edited)

www.tradingview

We are zoomed in on that H&S pattern. Let me explain why I keep saying “ #BTC Either up or down ” and not exactly giving you a specific price or movement

Bitcoin is at the H&S resistance… This being said there is only two movements:

If it BREAKS past that 12,000 mark, it will not go back down, it will start to consolidate before going on a bull run (bulls need a rest)

If it ends up getting rejected and falls BELOW the EMA on the 4HR, it is going to end up in the 9200-9500 zone

I am not going to call either price movement and anticipate one of them. One thig I am so persistant on is waiting for a confirmation on either movement and not trying to catch it at the top (to short) or catching at the bottom (for long), rather than catching it when it confirms long or short and entering/selling then!

Hope you guys all enjoyed this update brought to you by #BitcoinADay!!

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It really does make sense. Uploading the picture now!

he. Where do you come from,,

New England area

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