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Freedonia
Jun 14, 2019 7:45 AM

A potential H&S for Bitcoin Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is at a critical juncture here in the chart. A confirmation of the H&S pattern will be the break of the ascending support (green) and incapability to break $8400 resistance. Lack of increasing volume still remains suspect.

Trade closed: stop reached

As said in the comment, key point was $8400 and has been break on the upside, so the H&S has been negated.

Comment

As far as for now, follow this other idea:
Comments
DACapitalTrading
amazing mate
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