The_Magician

Is BTC Breaking Out??? What Price Could Be Next!

Long
BITFINEX:BTCUSD   Bitcoin
BTC has broken the neckline of an inverse head n shoulders pattern it has been forming. Ideally if it came back down and bounced back of this level it would confirm support and could signal it's next upward move and target. I would like to see price break thru the red channel and blue channel lines respectively n get its head above the light green line that still could act as resistance. Once this has happened it would signal the upper targets at the top of the yellow lines.
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