tjpezlo

Probable Bottom Formation for BTC

tjpezlo 업데이트됨   
BITFINEX:BTCUSD   비트코인
I know its too early for this but volume profile and RSI fits this narrative.
This is just a guide for future reference.
A probable inverse head and shoulders on the daily Time Frame.
We are going 4500 the 3800 to breach 5k all the way to 5500.

Altcoin Market Cap and Total Market Cap is showing similar bottom formation.
Altcoin market cap just broke out of a year long falling wedge formation as a result of the recent 8 days rally.

What you guys think?

Not a financial advise
코멘트:
Almost there, correction is becoming more evident with the short term bearish signal.

코멘트:
Neckline reached, a hidden bearish divergence in play as expected. We expect a minor correction to form the right shoulder of the pattern.


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