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movingaverage Less Tags Show All Tags
BTC - Inverse Head and Shoulders - M15 Break Out
BTCUSDT
, 15
Long
BTCUSDT: BTC - Inverse Head and Shoulders - M15 Break Out

Here we see Bitcoin has followed this inverse head and shoulder pattern nicely and looks to complete the right shoulder and break out to the upside pushing up to the next resistance zone between $41,500 and $43,000 USD. Larger Head and Shoulder pattern is in play on larger timeframes, indicating a push down from the highlighted SELL ZONE. Two scenarios are on the...

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