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JTN-BTC
Feb 28, 2018 12:40 PM

NOT so HOT Short

Ethereum / BitcoinBitfinex

Description

Came out of major downtrend with a CUP and HANDLE formation, but got hit with RSI double top, and again with HEAD n SHOULDER. Saved by a support line from previous double top. What looked like a potential charge ended in a BULL TRAP.

How strong is that support? Better to stay out of ETH plane at the moment until it level up.
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