Bitcoin Cash
Long

Bullish pattern - Inverse H&S target 160% possible

206
Several bullish patterns

Inverse head and shoulders formed

Triangle patterns too

Target of IH&S at previous point of inflection confluence of targets

If we are in a bear market for crypto then this may be one of the few bullish patterns out there

BTC seems to be under pressure atm so can BCH move up as BTC is flat to downside? or will BTC move up as well and strongly break out lifting up all the rest of the alts? time will tell

At the moment this pattern is bullish but its close to breaking down and if that happens we may get pattern extension or just have to turn bearish until another pattern develops

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.