RE: Bitcoin (BTC) Mid-Day Update: Scotty! We Need an Impulse!!

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Bitcoin (BTC) Mid-Day Update: Scotty! We Need an Impulse!!

in bitcoin •  7 years ago 

iv learned that typically in an inverted head and shoulders pattern, the shoulder to the right of the head must be lower than the one at the left and there must be an impressive spike volume at the head, those two factors are not met it seems

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At least on GDAX I saw a solid volume confirmation, but that right side did not meet that pattern. Still, it seems to be playing out. A stopped clock, twice a day, yada yada