josephcy95

Potential H&S forming

BITSTAMP:BTCUSD   Bitcoin
I don't really rely much on chart pattern, as most of the time they just don't work in Bitcoin, especially pattern like ascending/descending triangle, but it's worth paying attention.

Support/Resistance
Currently we're seeing $7344 as a temporary support, and middle bollinger band as next support. $7500 is still acting as a resistance, we see lot of profits taking on this level.
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