Crypto_Talk

BTC - Possible Head and Shoulders Pattern Forming

Crypto_Talk Updated   
BITFINEX:BTCUSD   Bitcoin
We don't analyze this pair many times, but I noticed possible head and shoulders pattern forming on 4h chart. Head and shoulders is a reversal pattern that, when formed, signals the security is likely to move against the previous trend. Price just need to form right shoulder. Please keep watching for the updates.
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