cryptoguru292

Bullish on BTC

Long
BITSTAMP:BTCUSD   Bitcoin
Inverse H&S is also showing up within the pattern, giving further indication that a bullish breakout might be imminent. If we do breakout to the upside, we should be at least able to hit the purple target, however I'll be eyeing the orange target to take profit :)

Edit: I placed the downside arrow in the wrong area, a break to the downside would occur if it breaks out of the larger (ORANGE) wedge, not the yellow.
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.