Mattytwy
Short

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!!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out