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jl1998 jl1998 BTCUSD, 1D, Short ,
39 0 0
BTCUSD, 1D Short
BTC Head and shoulders

Head and shoulders has clearly formed on BTC daily. Using the theory that the drop from the neckline break is equal to the difference between the peak of the head and the neckline, I expect price to drop to around 6600. This is coincidentally, around the same price where the most recent low sits, so there could be some strong support there. price may bounce ...

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