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BTCUSD is on the verge of H&S breakout

By erny_th
Inverted head and shoulders pattern is complete. Now we need breakout of neckline. It will be continuation of wave 3 of 5 Elliot impulse waves. Price target is $18,270. However resistance at $12,000 is still strong, last three attempts to break it was failed, so it might be difficult to break it.
breakoutBTCBTCUSDChart PatternspricetargetTrend AnalysisWave Analysis
erny_th
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