BTC-USD ( Bitstamp) Possible INV H & S about to compleet.

Hi Guys,

Short OSB here. :)

Momentum is looking good for the bulls guys. I think we can expect overlevs shorts to close anytime soon.
We needed some really nice confluences between the indicators for the Bulls and thats what we are starting to get.
1- Higher high on price action.
2- MACD bullish cross on the 4hr and 1D. OBV making a higher high. And the STOCH showing power momentum.
3- Sequential went Bullish, so the trend should be a fresh one. ( 4hr)
4- Possibe Inv. H&S forming on a break of 4380 ( Stamp)
Having said that, That Kumo is forming a heavy resistance area that is only able to be pierced with enough volume. So the above mentioned signals are everything we need to for a BGD.
I have set two short term targets is case this all plays out, taking in account the top the INV.H&S measurements and the top of the Kumo, as well as the overhead Trendline.
If we get rejected by the Kumo and breakdown under 3950, i'll be bearish again.

Happy trading.