Mamocoin

Inverse head and shoulders forming

Long
BITSTAMP:BTCUSD   Bitcoin
An inverse head and shoulders may be forming. Drop to the 0.618 fib retracement level at 9265, then bounce to complete the 2nd shoulder. Target price at 9592 (3.5% gain possible on a long trade with 0 leverage).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.