inverse head and shoulder
Inverse head and shoulder on the 15min?
Posted by ibankbitcoins on Thursday, 18 September 2014Bitcoin Market Update 8/27/2014
Posted by ibankbitcoins on Wednesday, 27 August 2014Classic inverse head and shoulder forming on Huobi
Posted by ibankbitcoins on Friday, 22 August 2014Bitcoin market update 8-21-2014
Posted by ibankbitcoins on Thursday, 21 August 2014Market has pulled back from yesterday's strong rally. We've consolidated over the last 24 hours, a really choppy market really, not much fun. Daily discussion comments dropped from 385 two days ago to 200 yesterday lol.
At this juncture, the bears now need to push price down, can the bears bring the price back down 485? Anything above 485 suggest we could be in a head and shoulder style reversal pattern. Disclosure, I am still short btc from 2 days ago.
Inverse Head and Shoulder on the Bitcoin 15min
Posted by ibankbitcoins on Thursday, 14 August 20146-17-2014, Confirmed inverse head and shoulder bitcoin chart pattern.
Posted by ibankbitcoins on Tuesday, 17 June 2014Confirmed Inverse Head and Shoulder on the hourly. Measured move target is 660 dollars/bitcoin. This is a highly reliable pattern when confirmed. Volume is a little low for the breakout. I would be concerned if volume doesn't pick up or if it fall back down below the trendline draw on chart. Otherwise, bullish pattern. Next post, I will be covering some of my past trades on bitfinex. Anyone know how to get a copy of your track record or history? Follow me on twitter.com/ibankbitcoins.