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BTC possible INV H&S playing out

Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC btcusdlong btcusdshort btclong btcusdforecast Bitcoin (Cryptocurrency) bitcoinforecast bitmexsignals
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trendanalysis chartpattern indicator btcusd btc btcusdlong btcusdshort btclong btcusdforecast bitcoin bitcoinforecast bitmexsignals
Possible INV H&S playing out, first we need to see the right shoulder form and rebound off of the trend line (red). Once this happens we can now start to actually look at this as an inverse head and shoulders pattern. Next we wait for the neck line to be broken. from here the price should shoot up to $6400, around this area is our long term down trend resistance line (black), once this is broken we go LONGGGG.


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