LorenzoDecaria

Head and Shoulders at major support on #BTC #bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Hopefully this could be the trigger; not calling a reversal yet, neither a steep surge from here, but this might be the confirmation that the worst is over.

Technically speaking #BTC is sitting at major support @ $6000 which held pretty solid till now; shallow recovery signals in the past weeks/months didn't find the needed followthrough, but this Head and Shoulders might confirm a change in behavior. Today's candle breaks the neckline so the technical pattern is confirmed.

Fasten your seatbelts!

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