Bitcoin [BTC] - Update 12/05/2018
I would think we may do s'thing like this:
Alternatively, we could break through 9.1 and form an inverse H&S, but it is a butt-ugly one, so this seems more likely. Just one of many scenarios, but maybe some people can use it as input for devising their own trading strategies. Personally, I will keep upping my stop-losses behind the climb to 9.1. If it breaks through 9.1 convincingly, that would mean we will try 10K next week.
And if you don't think TA is worth its own salt, that is fine too. Gambling is also a way to play the market.
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