Head and shoulders for Bitcoin?
Updated
Is head and shoulder pattern going to realize in the Bitcoin's chart? If it is, at the break of the neckline we have to go short for a first level take profit based on 38% Fibonacci retracement. MACD 3/10 helps us with its evident divergence. However a strong resistance is placed at the level of the neckline where different levels, found with the Fibonacci grid, met.
Comment
The price tested the resistence placed at the level of the neckline and it rebounded
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