Felix000

Bitcoin H & S or readying for leg up ?

Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
My earlier Williams Fractal now has appeared in reverse, and I don't know what to make of it without a previous pattern as I've only been doing my research since Feb. Is it a H & S or is it signaling the price is about to power upwards? I've added some green trend lines from my Bollingers on the 4 hour chart as they can help confirm a move after the break on the 2 hour and also preceed it. The two points I needed to make the green line weren't perfectly formed but thought to add them in anyway just as an added alert.
Comment:
Whenever my Bollinger Bands get squeezed nearer $600 the market has previously gone in the direction of the break. Last reading was a gap of only $670 and closing.
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.