BITCOIN: iSHS not triggered, on its way to 5800 USD
The small inverted Head&Shoulder pattern announced 2 days ago has been invalidated since BITCOIN did not manage to break the neck line and overpassed as well the low level of the right shoulder...
As you can see in the chart a downward channel has been created which is accompanying BITCOIN to a lower price...
BITCOIN price is decaying continuously...Seems cannot hold the traced supports, buyers are definitely not happy with this level of prices of course, and sellers hesitate in a weaker way to keep holding a little or just lose some more margin... for all these I think the down but sideways movement will be a constant in the coming 2 or 3 days...
Perhaps BITCOIN will have a better chance at 5800 USD, which is a Key Support
In any case....
...Be positive and Enjoy Cryptoland!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
And its gone downtred on rise may be it get some help from lifting ban on facebook ads hope for a sunrise
That's a good news - a manipulated patterns do not work, no matter how hard you try. 😎
hahahhahha! looked it like, for sure
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