You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Mid-Day Update: Combination of Patterns & Elliott Waves

in #bitcoin7 years ago

@haejin I noticed that the volume is not very high at the head as compared with the shoulders, which I thought was necessary for a H&S pattern. Looks like price has risen back above the neckline, hopefully we are on our way to 23k.

Sort:  

Not necessary, but often a secondary indicator to help confirm the pattern.