BTC Chart Looking Good

in bitcoin •  7 years ago 

Hello Steemians! BTC chart begin to look quite strong. Let’s us have a look at the daily:

FEE9C65E-38C0-4BB6-AC05-0FE53FAF29C7.jpeg

This daily chart is firmly on an uptrend. Recently it went through a consolidation phase and now making new high.

The 4-hr chart is more relevant near term.

DAFA9152-9A2A-4331-A57C-F7753CE3A0CB.jpeg

Here the inverted head and shoulders pattern is clearly visible and prices are trading above neckline. For any future correction the neckline will act as a major support.

Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.

Charts are created in Tradingview.com, which is a free service

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This is good news!

Good is going down but you see a slight recovery recovery.