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Bitcoin
Short

An Obvious Head And Shoulder For An Obvious SHORT

60
Looking at the 12h and 6h, among other time frames, each frame reveals a pretty obvious head and shoulder formation, which BTC has respected awell lately. If the pattern plays out the right shoulder will call for a significant drop in the price thus I have entered a short position at $7450 and expecting a drop to below $7000 with a target of $6800
altcoint
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Head and ShouldersMoving AveragesTrend 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.
Head and ShouldersMoving AveragesTrend Analysis
altcoint
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.