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Technical_TB
May 16, 2021 6:49 PM

Bitcoin - Short - Target $32000 Short

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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BTC has formed a head and shoulders pattern, if it breaks, we have a price target of approximately $32000, but we can find support at the 200 DMA - Approx $40,000.
MACD is also bearish.

Trade closed: target reached

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Target achieved @ $32000
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