christian2001za

btc analysis, just my opinion

BITFINEX:BTCUSD   Bitcoin
This is not the prettiest inverse head and shoulders I have seen.. but it does seem like we have broken through the neckline. ( The right shoulder just doesn't really look like a shoulder so I'm not sure about this) First resistance and maybe a bounce back would be at the top of the small channel btc is in right now. If it breaks through then next resistance is the bigger down trend resistance. Once it breaks through there then the correction is officially over in my opinion.
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