Rhistel
Short

Had and Shoulders on Stamp- break out - target ~441 $

BITSTAMP:BTCUSD   Bitcoin / Dollar
178 2 1
Head and Shoulders on Stamp- break out - target ~441 $
This pattern confirm down trend.
You nailed it! Congrats.
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You could be right that BTC is forming a head and shoulder pattern
Also the resistance lines are broken but I don't think we'll go any further than 540 because we have very very strong resistance there.
snapshot


Have a good day! :)
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