Yet again we're seeing BTC form a chart pattern within a larger chart pattern of the same type. Here you can see a large head and shoulders pattern with a smaller head and shoulders pattern forming within the right shoulder of the larger one. Usually this pattern is bearish, so watch out and be very cautious trading under these highly volatile conditions.
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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.