BTC linear - possible iHead&Shoulders, Daily
Looking at this, currently gives me stronger bullish feeling, very much depending on how scared the shorter´s are at this point
making a retrace to the mid 5k$ a fair opportunity for short-term recovery. I am not 100% convinced yet, but it is a possibility.
It basically all depends on the wick-to-wick resistance from log chart (last one keeping us from further rise).
We do have seen a rally after an iHS before within the consolidation.
making a retrace to the mid 5k$ a fair opportunity for short-term recovery. I am not 100% convinced yet, but it is a possibility.
It basically all depends on the wick-to-wick resistance from log chart (last one keeping us from further rise).
We do have seen a rally after an iHS before within the consolidation.
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Here the 6h log as comparison:
