Post
Topic
Board Speculation
Re: Bitcoin is showing what could be a head and shoulders reversal pattern
by
blade87
on 20/06/2017, 20:45:54 UTC
That's the most lopsided, two headed and shoulders pattern I've seen.

I'd have to say the h&s pattern is the most overused, and incorrectly called pattern in the history of TA. Too much "outside influence" that no one can really factor in. If the Bitcoin upgrade goes smoothly, we go north of $3000. If it doesn't, then a reversal will probably play out.