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Bitcoin
Long
Updated

BTC - Head and Shoulders - End of Bear Trap

The bear trap is now over with 4000 forming the head on a clean head and shoulders. On the break of neckline over 4700 I expect price to establish a very bullish trend, returning to above 6000 quickly, likely before the end of the week.
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Cleaned up the potential bull channel a bit:
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And again, just getting the angle and bar pattern 'right'
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First touch of bull trend: snapshot
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Close one... snapshot
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Tiny head and shoulders snapshot
Order cancelled
Outlook is now bearish. The current formation could be a left shoulder on a deeper head and shoulders.
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OrigamiOracle
Chart PatternsTechnical Indicators
OrigamiOracle

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