Bitcoin fake inverse head and shoulder double tops

26 בנוב׳ 2019

We've seen throughout the trend, though not on this chart, for weeks now, bitcoin has sometimes been dumping then v bottoms, only to double top to create what kind of looks like an iH&S. Here is another example and I expect as to break down and fully retrace, a la bitcoin style. The target would be the support of the huge falling wedge that we have fallen back into, which would also be a local double bottom. See you at 6.5k :)