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RomanoRnr
Apr 17, 2014 8:21 PM

Inverse head and shoulder -> Bullish or Bearish 

Bitcoin / U.S. dollarBitstamp

Description

This is the first time I drawed a head and shoulder.
I hope I did a good job.

There is some thick support on the 449-480.
If it breaks, we can see some panic.
The neckline is arround the 440.
it it goes even more down under the Pull back line, I don't think Bitcoin can recover really quickly again.

To short or go Bullish is your own choice. It really has 2 options
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