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BTC Inverse H&S opportunity
Bitcoin
BTC Inverse H&S opportunity
By JohnWyck
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May 5, 2020
5
May 5, 2020
BTC looks to be developing Inverse Head and Shoulder pattern on 45 min chart
Like stated previously. I expected bitcoin to retest 9600.
This could be a potential Long Squeeze play with entry near 8750.
If this plays out bitcoin does have the potential to break 9600 and continue on this bullish run.
If it fails 9600 retest I will look for another short play.
Something to keep an eye on.
JW
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
Cryptocurrency
ETHUSD
Harmonic Patterns
Inverse Head and Shoulders
longsqueeze
theta
Trend Analysis
JohnWyck
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