lonestar108

(4h) classic H&S formation in progress

BITFINEX:BTCUSD   Bitcoin
I hate to be the bearish guy, but if this formation does in fact complete with a rejection at the red level (left shoulder level) or worse, orange (right shoulder level) we could be looking at a trend reversal and lower prices for the rest of the year. I'm not bullish until I see ATH broken here.

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