BTC/USD - BULLISH SCENARIO. 22/3/18

in bitcoin •  7 years ago 

YEOW

Aight so i mentioned this in an earlier post, like 4 days ago i think, ill find the link for u :
https://steemit.com/bitcoin/@sourlemonball/btc-usd-bullish-scenario-or-inverted-h-and-s-19-3-18

Then i spoke about combining for a bigger head and shoulders and hitting higher regions at :
https://steemit.com/bitcoin/@sourlemonball/btc-usd-inverted-h-and-s-in-play-21-3-18

le beautiful inverted head and shoulders combo.

Currently i see three combinations of the H&S which could boom us very very very high, however i am unsure on the third thus far so i will continue discussing these two.

Here is the chart for both of them juicy bad boyz :

Screen Shot 2018-03-22 at 12.53.09 pm.png

The target for the smaller inverted H&S was sitting at $10,106 or something, but after a redraw and a check with fibs i found a possible landing region could be between $9,980 - $10,105 .

If this target is met we will be setting off a second larger inverted head and shoulders.
And this big boy aint mucking around with a target of $12,867 .

After this head and shoulder there is another.. but i decided to leave it out for now as targets for that are set above 20k and it sounds unreasonable.

Keep the bullish scenario in mind but also stay aware of different supports in the shorter to mid range term, as the bearish scenario for another wave down is also still a possibility.

So , if supports are to hold in the shorter term things are looking nice and SUPER FKN juicy in the future!!

lets see how we go ! :)

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

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