BINANCE:BTCUSDT   Bitcoin / TetherUS
Considering the possibility that we build some momentum and start to show more volume. If this was interpreted as a possible inverse H&S than we would have to recognize that the right shoulder is a bit deeper which does show the amount of resistance that exists at the 6800-6850 zone. This would be the bullish trade should we convincingly cross this zone. A possible 3.5 to 1 RR trade. Bitcoin has pulled these rallies before only to give us less and less. Regardless, money can me made. For my own sake, I need to see bitcoin not only cross this level of resistance but then retest to confirm it as a new support. I would put stops around 6500 for a target of 7200-7300. If you are feeling a bit loose and are "risk-on", I would consider using alt coins with the most similar charts to bitcoin as proxy for bitcoin movement for greater percentage gains. .
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