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BTC forming possible H+S
Bitcoin
Short
BTC forming possible H+S
By daniel21btc
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Updated
Jun 13, 2019
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Jun 12, 2019
4h Chart may indicates a raising wedge pattern which is forming a potential right shoulder.
According to fib-levels starting from 3.1k to the head 9.1k:
If H+S pattern gets confirmed, BTC could retrace to 6.1k (50%) and 5.4k (61%).
Also note that BTC crossed and closed below the 21 EMA for the first time several days ago.
Jun 13, 2019
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Updated idea:
Bitcoin (Cryptocurrency)
bitcoinforecast
BTCUSD
BTCUSDT
Fibonacci
Support and Resistance
Trend Analysis
daniel21btc
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