Quote from: Mostshisha on July 11, 2018, 01:29:56 PM

Bull market is near , Bitcoin is rising up slowly but surely check the chart it has a reverse head and shoulder this is a bullish indicator .

Do not be too much in a haste bro! Although the market is showing the possibility of a head and shoulder formation with the price action on $6250 region, we have still not reversed, and the head and shoulder has not been fully formed. It would be better to see how the daily candle will end up before considering any possibility of a head and shoulder formation since it can easily be invalidated in this bear market. If it forms and we break out from the formation upward, then that shows a very good bullish signal, but for now, we stay tuned to the charts.