BTC/USD - As discussed, the breakout. 21/5/18

in #bitcoin6 years ago (edited)

Hey there

yesterday discussed the possibility of a breakout shortly as we began to be pushed towards the bull flags resistance.
https://steemit.com/bitcoin/@sourlemonball/btc-usd-turn-up-the-volume-plz-20-5-18

The inverted head and shoulders discussed follower through perfectly and my target of $8,853 still stands.

Currently looks like we are cooling off a bit, but that number is looking juicy!

As the breakout has occurred from a longer termed bullflag i am expecting price to also make a push for the resistance located on this downward triangle.

The mid term target sitting between $9,179 and $9,507.

$9,507 looking like it could be hit on the dot honestly.

A push at this line could also cause a large breakout!

Also see another inverted H&S occurring around our $8,853 target. So watch for a small retracement before takeoff!

Screen Shot 2018-05-21 at 11.05.37 am.png

Screen Shot 2018-05-21 at 11.09.46 am.png

Legal Disclaimer: I am only as good as guesses and fibonacci , i love to share my information however i am not telling anybody to specifically follow in any of the trades or decisions i make. I win , I lose but at the end of the day i use this all as a platform to share my opinions on possible outcomes and trades i will be completing. Happy Trading!

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You have a minor misspelling in the following sentence:

Also see another inverted H&S occuring around our $8,853 target.
It should be occurring instead of occuring.

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