BBlokx

BTCUSD 4hr- H&S pattern - Possibly trend reversal?

Short
BITSTAMP:BTCUSD   Bitcoin
Spotted a Head and Shoulders pattern on the 4 hr chart BTCUSD. The neckline of the H&S pattern crosses close to the 50 day MA. Can we expect a short term downtrend if the trend crosses these levels? Leave your thoughts below. If you have any comments/questions please let me know.

Cheers.
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