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CryptoGuru888
Apr 8, 2021 4:43 PM

BTCUSD Inverted Head and Shoulders. Target 67000 Long

Bitcoin / U.S. dollarBitstamp

Description

An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.

Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.

Trade active

Breakout has occurred, pending daily close
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