The Bottom is in! Inversed Head and Shoulders Pattern

BTC We have now completed the right shoulder of the Inverse H/S pattern. This suggests that the bottom is in aside from the other factors. Keep an eye on the break of the neck line.

Also noticed that the price managed to hold the golden ratio perfectly! If the price don't fall below the golden ratio, then we will have our first lower high on the daily chart.

As always, trade safe.