TheChartGuys

BTC Potential 4H Head and Shoulders Pattern

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Yesterday BTC broke the higher low every day pattern which had been intact over a week.
This has us looking for healthy daily consolidation, and a daily higher low.
If this head and shoulders breaks bearish , we will see a test of daily EMA12 support.
If this pattern does not confirm, we will have a daily bull flag looking towards $10k.
Patiently waiting for more information as to how much daily consolidation we are going to expect.
LTC continues to have my attention as we rejected from resistance to remain in the daily equilibrium this morning.
Hey do an LTC chart as well. I remember the days when we got BTC LTC and ETH
+7 Reply
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