OmiFX8

Bitcoin: Sell trade active, H&S on the hourly chart

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin fell below $10,800 on Monday, activating my sell trade on the top cryptocurrency.

Now the hourly chart has formed a head-and-shoulders pattern. The cryptocurrency is currently probing the neckline support, which if breached would strengthen the case for a decline to $10K.

here is the short trade I shared yesterday: Bitcoin: Sell below $10,800 (Bitstamp price)

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