BTCUSDT: A reverse H&S pattern found

Completing the reverse H&S pattern and breaking the resistance (11,800$) will make BTC grow. With the Segwit completion (Wednesday) it is likely to grow and to target next resistance (13,000$ or even further). Not completing the reverse H&S pattern will lead BTC to next support at 9,200$

Kommentera:

So far so good, BTC is heading towards the circle i drew. If it crosses the neck line, it is very likely to see BTC going to 13,000$

Kommentera:

If BTC can break this oblique resistance (between 10,500$ and 10,300$) nothing will stop it to complete the reverse H&S pattern

Kommentera:

BTC is going exactly WHERE i told you and WHEN i told you. At the moment, it broke the previous downtrend created by December’s ATH (when it reached 20,000$). Completing the reverse H&S pattern will cause BTC to break 12,000$ resistance, and from that to have a good bull run until 13-15,000$.
This could really be the end of the correction.

Stay tuned and trade with your brain

BrainSignals Team

Kommentera:

BTC hit the target EXACTLY WHERE and WHEN i told you. It bounced back from that resistance, which is also a 0.382 retracement line.
BTC is expected to go back on the next support around 10,200-10,400$ or even further around 0.236 retracement (9,300$)

Trade with your brain
BrainSignals