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Tickmill
Dec 14, 2017 2:48 AM

Bitcoin potential head and shoulders setup! Short

Bitcoin / U.S. dollarBitstamp

Description

We're seeing a nice head and shoulders reversal setup with the major level of support at 15975 (Fibonacci retracement, horizontal overlap support). Upon the break of this level it would suggest a head and shoulders reversal pattern is completed. The next major level of support would be 14605 (Fibonacci retracement, horizontal overlap support).

Comment

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