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May 17, 2019 1:49 AM

Bitcoin: possible double top  

Bitcoin / United States DollarCoinbase

Description

Bitcoin is moving between a range which has heavily rejected two attempts of breaking its support. If it manages to break the support, it would confirm a double top standing as a reversal pattern.

It would be healthy for the price to make a correction as it has been rising incredibly fast during the last weeks.

Trade closed: target reached

Double top confirmed. Neckline has been broken.
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