6-17-2014, Confirmed inverse head and shoulder bitcoin chart pattern.
Confirmed 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.