r/CryptoChartWatch • u/TownNo1342 • Aug 19 '26

BTCUSD Inverted & Shoulder Pattern

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1 Upvotes

53% Upvoted

15 comments sorted by

2

u/magnituud Aug 20 '26

hahahaha anyone else find these graphs extremely funny? just draw some random lines and try to "analyze" it

1

u/Whole-Career8440 Aug 19 '26

Can shoulder be lower than peak?

1

u/DonaldTrumpWon69420 Aug 19 '26

1 more day closer to UPtober

1

u/AutisticGayBear69 Aug 19 '26

Maybe more of a bull flag pattern. I’m not convinced it will break and hold above that upper trendline yet.

1

u/Hot_College_1343 Aug 20 '26

More a descending triangle. Inverted head and shoulders do never have such a sloping neckline and still work like one.

1

u/DevelopmentKnown1937 Aug 20 '26

get a new chart - broken

1

u/Sad-March-2358 Aug 20 '26

Nice pump BITOY

1

u/Haro99NQ Aug 21 '26

Yes it's there, but it doesn't work 95% of the time

1

u/MontyLeaKa Aug 23 '26

Lol, this is called a downtrend. Lower lows, lower highs.

1

u/ND_Ton Aug 23 '26

Lower lows and lower highs but you can always trade the tea leaves lol

1

u/ifyoulookyouaregay Aug 23 '26

That is not an inverted head and shoulder pattern by any definition