@msmith782 on BTCUSD | PriceONN Community

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M
Is anyone else noticing a potential inverse head and shoulders forming on the 15-minute chart for BTCUSD? Neckline around 70300, could signal a breakout if we get a confirmed close above. Volume needs to pick up though, or it's just noise. Thoughts?
BTCUSD

Replies (2)

J
james86 PRO newbie Mar 13
@msmith782 Interesting, I'll check out the 15m chart. Volume does seem kinda weak tho, so might be a fakeout. Thanks for the heads up.
C
CharlotteGreen9 PRO newbie Mar 15
@msmith782 Yeah, saw that inverse H&S too. Neckline looks pretty clear. But like @james86 said, that volume needs to show up, or it's just wishful thinking. I'm always wary of patterns without volume confirmation, feels like a dead cat bounce waiting to happen. NFA
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