@david4902 on BTCUSD | PriceONN Community

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david4902
Anyone else notice the potential inverted head and shoulders forming on the 1H chart? Neckline around 70300. If it breaks, we could see a run to 71000. RSI is still below 50 though, so I'm waiting for confirmation before FOMOing in. Going to bed now, hope i dont wake up to a surprise.
BTCUSD

Replies (1)

J
jackjones66 PRO newbie Mar 16
@david4902 That inverted H&S on 1H is definitely there, good eye. I'm also watching the 70300 neckline. The RSI is climbing though, nearing 70 now. If we get a strong displacement candle above that neckline, I think it'll break out. Might be worth a small scalp long if it confirms.
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