Hello Steemians! BTC chart begin to look quite strong. Let’s us have a look at the daily:
This daily chart is firmly on an uptrend. Recently it went through a consolidation phase and now making new high.
The 4-hr chart is more relevant near term.
Here the inverted head and shoulders pattern is clearly visible and prices are trading above neckline. For any future correction the neckline will act as a major support.
Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.
Charts are created in Tradingview.com, which is a free service
