@ShadowFax56 on BTCUSD | PriceONN Community
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Is anyone else seeing a potential inverse head and shoulders forming on the hourly chart for btcusd? The neckline's around 70600-70700 area, and if it breaks, we could see a decent move up to 71k. RSI is also showing some bullish divergence on the lower timeframes. Volume is kinda low tho, which is concerning. Maybe it's just wishful thinking after a pretty flat day. What do you guys think? Am I crazy or is this a valid setup?