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Bitcoin / Euro

Possible trend reversal due to H&S pattern for BTC/EUR

489
The chart should explain everything. The analysis above is ONLY VALID IF:
  • The neckline is broken by closing a candle (a wick breaking the neckline is not enough)
  • And IF the neckline is broken on high volume. Low volume will indicate a false breakout or a short term downtrend.
CWouter
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Bitcoin (Cryptocurrency)BTCBTCEURChart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bitcoin (Cryptocurrency)BTCBTCEURChart PatternsTrend Analysis
CWouter
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.