This is a trade I will personally be taking. I will be looking to Short the inverse H&S down to 44.8k looking at entry around 48.6k and the will be going long looking for the confirmed inverse H&S breakout where we will see a quick jump to the 53.5k area. This one cant be this easy surely! lets see how it plays out.
Alot of news will be coming out in october for XVS, Vaults will be one of them. DYOR but XVS has more in the coming months than most other coins, XVS has a history of making big moves and fast. consolidation phase is over and this has worked out perfectly with BTC doing its early october thing. Enjoy.
OCTOBER - ongoing court case in Japan against Mt. Gox who were once the worlds largest Bitcoin exchange, the company filed for bankruptcy in 2014 after numerous hacks which saw 850,000 Bitcoins disappear. Short Again BTC in a squeeze right now and its not looking good. - BTC will go to 38k at least
OCTOBER - ongoing court case in Japan against Mt. Gox who were once the worlds largest Bitcoin exchange, the company filed for bankruptcy in 2014 after numerous hacks which saw 850,000 Bitcoins disappear. Short Again if we couldn't break that red area - BTC will go to 38k at least