Thought I'd post another chart from <a href="https://twitter.com/BitcoinErrorLog">@BitcoinErrorLog</a> (on Twitter) because this one makes me feel happy inside. To me it seems like a long shot but hey, this is crypto where long shots come true. Basically he points about an inverse head and shoulder pattern developing in BTCUSD on Bitfinex. This formation isn't the prettiest but I do like the trend in volume - continuously decreasing over time. To validate this idea we must see the price rise back up to the neckline. A re-test of the neckline followed by a break of the neckline would certainly be a bullish signal.   If you like these charts and the content I share, consider following and up voting. If you have any questions I would love to answer them for you. As always DYOR, in crypto you are the one responsible for you actions and your money!
| author | bitinformant |
|---|---|
| permlink | can-this-be-real-inverse-head-and-shoulders-bitcoin |
| category | bitcoin |
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| author | steemitboard |
|---|---|
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