We have an inverse head and shoulders pattern with a breakout to the up side. It is over the 4H period.
*Risk movement*
Pattern may dig back below the neck line but it would be a head fake.
""IMPORTANT: wait for the confirmation and retest of new 60k support or for a 1D candle to close above the new support.""
RSI is showing increased buying.
1D MACD is showing very bullish momentum.
-- Fundamentals--
9 Investments funds are now applying for Bitcoin ETF , including all the major US investment banks.
Happy Bull Market come Alts season.
Please like, comment and follow.
*Risk movement*
Pattern may dig back below the neck line but it would be a head fake.
""IMPORTANT: wait for the confirmation and retest of new 60k support or for a 1D candle to close above the new support.""
RSI is showing increased buying.
1D MACD is showing very bullish momentum.
-- Fundamentals--
9 Investments funds are now applying for Bitcoin ETF , including all the major US investment banks.
Happy Bull Market come Alts season.
Please like, comment and follow.
