Large Inverted Head & Shoulders ~ $10,500 Target
Updated
There's a clear, large iH&S on BTC. If the pattern were to play out, our target would land around $10,500. With CME rumored to be launching early, this could either drive price through the roof or push the price way down (Wall Street will have an opportunity to go long or short). This would be a very risky play, keep a watchful eye on it.
Trade closed: target reached
Nailed it.
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