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SpocksBrain
Jun 29, 2017 11:39 PM

Possible H&S on the daily Short

Ethereum / BitcoinPoloniex

Description

Title says it. Its a possible formation. Wait for confirmation for a close below the neckline. Bollinger bands and volume lend some validity to the idea, but still need to wait for confirmation. Target will be about .055-.06, which happens to be around where the 200 EMA should be. Havent been watching the ETH market since I dumped, so apologies if this idea is widespread.
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