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TarunK8C
Jul 4, 2018 2:25 PM

Possible Reverse Head and Shoulder Formation 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

We might see a head and shoulder form because of resistance at 6700 according to volume profile. Then we might see a push back to previous support level and then bounce there till 7600 where most of the volume is located.

Comment

We might see a test of 6000-6050 area again.

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