The Right Shoulder is Coming Soon in Bitcoin Price Chart

in Project HOPE4 days ago

Bitcoin price may be in head and shoulders pattern. We may be at the beginning of the right shoulder. I shared a few analysis about this possible pattern. We are going to this direction.

Here you can see 4-hour chart of Bitcoin. After touchibg mini support line, Bitcoin price is trying to go up. It may be trying to draw the right shoulder of head and shoulders pattern. We may be carefull after a few days. We should check if we are on the top of the right shoulder.

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Heer you can see the indicators on daily chart of Bitcoin. Fisher Indicator is trying to reverse up. It is close to the bottom. It Bitcoin price gets a few green daily candles, Fisher Indicator may reverse up.

MACD Indicator is still in correction. It may take a few weeks to complete this correction. Because the level of MACD Indicator is at high level.

RSI Indicator is at the beginning of the new big bowl pattern. I am so happy to show you this possible big bowl pattern on RSI Indicator. Because you can not see this prediction in anyhwhere.. We are at the bottom of this possible bowl pattern on RSI Indicator.

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So, we may see small price pump on Bitcoin price chart. After small price pump, we should be careful. Because It may be the right shoulder of head and shoulders pattern.

We will see..