iSHS pattern alert again. This is actually a very good sign. This pattern has a high right shoulder again. The last time this happened, BTC was ultimately pushed from 8,300$ to 20,000$.
To be fair, I must admit, that this pattern is much smaller than the last one, but it still has the potential to push BTC significantly above the downtrend line and thus create a new uptrend that could lead to 40,000$.
The minimum tartget of this pattern is 12,000$.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, 
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)