Bitcoin's H&S Creation

2018년 12월 28일

Bitcoin is currently in a trend constructing an inverse heads and shoulder pattern. Since the last week of November Bitcoin faces its worst down ward reactionary move and it tried to bounce back after a struggle by the bulls on mid December. When Christmas and New year holidays in addition to the CME futures expiry date approach again we have seen a little correctional move. By now an engulfing candle is already constructing in the 240M chart and both 50EMA and 89EMA are struggling to keep on the upper side of the candles. Volume seems coming back by the last 12 hours. If Bitcoin can construct the inverse H&S pattern and manage to break the resistance at around 4402 USD we can hope a short term bounce from the giant in a short period of time.
Good Luck.
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2019년 1월 8일

거래청산: 타겟 닿음

First Target Achieved for our short term accumulation recommendation.
Reached 4114 USD.
14.2% profits so far.