There is a potential for inverted head and shoulders here on
BTCUSD 4 hour chart.
VOLUME is going to be key here. We need Bulls to wake up here for the final leg of the right shoulder to form and potentially brake the neckline.
If no volume starts increasing here then pattern will likely be invalidated and roll over.
VOLUME is going to be key here. We need Bulls to wake up here for the final leg of the right shoulder to form and potentially brake the neckline.
If no volume starts increasing here then pattern will likely be invalidated and roll over.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.