pramodshrivastava

BTC Major breakdown of 50MA & S4 by one red candle

Short
COINBASE:BTCUSD   Bitcoin
Large red bearish candle breached the 50 period moving average and S4 pivot supports this month. Next support level is at $6175.
head and shoulder pattern formed has already broken down. Fall expected equal to the height of the 'head' indicates a terminal price of 'zero'.
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