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georgecpolitis
Oct 9, 2017 4:39 AM

Ascending neckline head and shoulders  

Description

Ascending neckline head and shoulders formation. Keep an eye on this one as the bitcoin fork is approaching.

Comment

Looking to buy around the support line at ~$26
Comments
pgaucher
Are you suggesting the correction pattern is complete? Could very well fall to $25 in the coming hours which would represent a real 'deal' for buyers.
georgecpolitis
@pgaucher, no, I'm thinking it will fall further - at least I hope so, so I can buy at around the $25 mark.

My reasoning is both tech analysis and emotioal as people will move their alt coins into bitcoin in the anticipation of recieving bitcoin gold. Also, with the red pulse ico ending.

Happy trading
George
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