Pro traders look for this classic pattern to spot Bitcoin price reversals
Cointelegraph
Published Jul 31, 2021 04:11PM ET
Updated Jul 31, 2021 06:00PM ET
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction.
When prices are falling, the sentiment is negative and fear is at extreme levels, but it's at times like these that the inverse head and shoulders (IHS) pattern can appear.
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Written By: Cointelegraph
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