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Bitcoin could be forming a bullish inverse head and shoulders pattern [Video]

Bitcoin could be forming a bullish inverse head and shoulders pattern [Video]
Jason SenJason SenDayTradeIdeas.co.uk

Bitcoin could be forming a bullish inverse head & shoulders pattern. We saw this pattern play out in silver yesterday & it triggered a 5% gain in a single day.

The break above a short term trend line at 64600 is the first buy signal for today, targeting 65300 & 65600...eventually 66200/300.
Then we test the all important inverse head & shoulders neck line at 66800.

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Author

Jason Sen

Jason Sen

DayTradeIdeas.co.uk

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens.

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