CDaley91

BTC/USD analysis, via 1 hour chart

Long
BITFINEX:BTCUSD   Bitcoin
Price has been very bearish lately, and it has been retesting that downwards trend line twice, creating a possible inverse head and shoulders pattern, indicating potential upside movement. Price has also bounced off the 7452 resistance, creating the neckline for the possible inverse head and shoulders. Let's see if it can complete it.

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