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RE: Bitcoin (BTC) Mid-Day Update: Scotty! We Need an Impulse!!

in #bitcoin7 years ago

I've been seeing this bottom as an inverted head & shoulders all morning. So far so good. Am I nuts or is this going to take us up to $9000 today?

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iv learned that typically in an inverted head and shoulders pattern, the shoulder to the right of the head must be lower than the one at the left and there must be an impressive spike volume at the head, those two factors are not met it seems

At least on GDAX I saw a solid volume confirmation, but that right side did not meet that pattern. Still, it seems to be playing out. A stopped clock, twice a day, yada yada