We seem to be having a repeat pattern emerging for XBT/USD. Not picture perfect but seems to be corresponding to a EW pattern. Please use this info for educational purposes only. This is just an opinion.
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I am aware of ta Head & shoulder pattern emerging as others have described but movement has still been within the channels. 14000 Resistance has maintained and there has been significant momentum within the last hour. Also we have had EMA impact on the 15min chart. Crossing fingers.
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This pattern is void. Head & shoulder pattern in effect. BTC is on a long down trend