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Anoinvest
Oct 16, 2018 6:31 PM

ARN H&S closer view (1h)  

Description

Same TA - closer check for ARN/ETH pair H&S pattern forming

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This is where I called previous top ( Head )

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Comment

This is the patience lesson. H&S with a bull trap played exactly as expected and now we finally corrected to the ranges -50% where Fibo and Fractals telling based on history there could be a bounce. Anyways from selling the local indicated top now you can buy almost double your ARN tokens

Comments
beecha
No offense but that is not a proper H&S pattern looks like. The first shoulder @ .00010000 BTC would not be weaker than second at .00013000, a real H&S is OPPOSITE (2nd shoulder is weaker). The fact the right pattern was 3000 satoshi's higher than first rise shows a bullish uptrend. Look up H&S in google to see what they look like. They do not look like that chart. I suggest you don't miss the next run on this tiny float. The next bull wave should be .00021000 to .00024000 Based on uptrend it will repeat like the 2nd move to .00015000 which was a double 100% gain from where it settled after the .00010000 move. After the .00010000 move it corrected to about .00007000 area before skyrocketing to over double above .00015000. It will do same thing from this .00011000 area which puts target at .00022000 but the FOMO may push to .00024000
Anoinvest
@beecha, I ain´t going to argue to you. Lets revisit this chart later :) Wish you sucesfull trade. But just BTW you´re watching BATBTC pair and Im looking at BAT agains ETH.
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