Looks like $6200 Support is holding pretty well
Things to watch out for:
Testing btw .5 & .618 Fib
Ascending triangle had a BD
Next Support is $6020
If the Inverse H&S completes
- most likely see a small bull run
The Inverse Head and Shoulder is still valid as long as it holds above $6150
- If the Inverse H&S completes, we can see a run to about ~$7800-$8k
Things to watch out for:
Testing btw .5 & .618 Fib
Ascending triangle had a BD
Next Support is $6020
If the Inverse H&S completes
- most likely see a small bull run
The Inverse Head and Shoulder is still valid as long as it holds above $6150
- If the Inverse H&S completes, we can see a run to about ~$7800-$8k