Potential Mini Inverse H/S pattern on the 1-3 hour time frame

12 Tem 2019

Update on Btc, I have just spotted a potential inverse head and shoulders pattern on the one hour time frame. We have bullish divergence and convergence between the 1 and 3 hour time frame (not confirmed on the four hour). A few minutes ago, I posted a TA for a possible retrace between $11,800 and $12335. Targets remain the same, although with the pattern in development, we may see potentially $11,716 area! I have taken a position a little below $11600.I am a little late to this pattern, but I think the probability of it playing out is extremely high.

12 Tem 2019

Not

$12,716! CORRECTION