BTCUSD Inverted H&S.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
So, BTC has formed a Inverted H&S . We have a hidden bullish divergence on the MACD . 200EMA has just been tested and found support. This could play out nicely for a 5-7% long. Plenty of overhead resistance, but I would like to see if this plays out.
It looks to me that this has come after an Elliot wave and and ABC .

Fingers crossed that maybe we have found the bottom, having said that who knows? Im just looking at this chart and what it tells me.

Have a great day!!


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