Bitcoin is breaking the neckline of the head and shoulders
Bitcoin is currently breaking the neckline of the 4 hour head and shoulders pattern.
Trade closed: target reached
10,500 target has been reached. If it breaks below, we are looking at filling the CME gap at 9,600. The old support/resistance level of 9,450 is possible with the current momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.