Hey there
yesterday discussed the possibility of a breakout shortly as we began to be pushed towards the bull flags resistance.
https://steemit.com/bitcoin/@sourlemonball/btc-usd-turn-up-the-volume-plz-20-5-18
The inverted head and shoulders discussed follower through perfectly and my target of $8,853 still stands.
Currently looks like we are cooling off a bit, but that number is looking juicy!
As the breakout has occurred from a longer termed bullflag i am expecting price to also make a push for the resistance located on this downward triangle.
The mid term target sitting between $9,179 and $9,507.
$9,507 looking like it could be hit on the dot honestly.
A push at this line could also cause a large breakout!
Also see another inverted H&S occurring around our $8,853 target. So watch for a small retracement before takeoff!
Legal Disclaimer: I am only as good as guesses and fibonacci , i love to share my information however i am not telling anybody to specifically follow in any of the trades or decisions i make. I win , I lose but at the end of the day i use this all as a platform to share my opinions on possible outcomes and trades i will be completing. Happy Trading!
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