MoonTrader

Retest of H&S neckline and $350 support imminent.

Short
BITSTAMP:BTCUSD   Bitcoin
Just thought I would share this since the breakout is just starting to reach $380 resistance. Indicators are topping out and a 50% retrace seems to be in order. Market is still bullish, so trade carefully, but after this pullback would be a good time to get in if the price action still looks good. For all intents and purposes, the market is in breakout mode, but wait for the pullback before going long.

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