hehe

$BTCUSD - Do you play Chess?

BITSTAMP:BTCUSD   Bitcoin
8
Why do I ask? On the chart, we see how both parties / black and white / block each other's movements. What will be the result? Just like in chess - we play to the end .... I know there is boring - but the old proverb says: 'Do not close the position at a boring market'!

To sum up: on the daily we have a symmetrical triangle consolidation, the Head & Shoulder and the Three Rising Valleys / not confirmed / and the PipeBottom / confirmed /; on H4 / short term / Head and Shoulders / not confirmed/ and for the balance: Adam & Adam Double Bottom; on H1, we see a small Inverse Head and Shoulders.

thepatternsite.com/aadb.html

Good luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.