BTC/USD. Bitcoin update: H&S vs. inverted H&S

[ilcapo1]

Hi there. I just have spotted a head and shoulders that would make rivalry to the inverted head and shoulders.

Head and shoulders (bearish pattern). Minimum target: $6700-$7100

Inverted head and shoulders (bullish pattern). Minimum target: $17000-$18000

This analysis only takes into account two chart patterns. Both potentials, still to be confirmed .We will have to be vigilant to see which side Bitcoin decides to break.

In my opinion, the first head and shoulders is more likely, as this would make sense with the previous analysis I did: https://steemit.com/bitcoin/@ilcapo1/cryptocurrency-market-analysis-in-depth

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Legal disclaimer: THIS IS NOT A BUY/SELL SIGNAL. Try to do your own research before trading.

Comments

[truetellerinvest]

Clavado compañero.

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