BTC Bullish but Cautious!

5 มี.ค. 2018

BTC has had a good run over the last week and I think everyone is quite aware of the large inverse head & shoulders that has been forming over the last couple of months. We are hitting heavy resistance at the 11600 and I would also like to point out the rising wedge leading to that resistance. Be aware of that and be ready for a possible drawback to 10250-10300 over the next couple days. If you are going to make a play on the inverse head and shoulders, I would wait to confirm the breakout first.