Nothing has changed if you drop the emotions. Bitcoin is still moving in the downtrend channel .
The constant formation of "head and shoulders" leads me to the idea of forming a large and important "head of the shoulders". list] Yet this is a reversible figure.
If so, the first goal 9 000
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in 5 minutes there will be published a highly probable deal
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Is that really true ?
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# BTC / USD As you can see, the situation is simple: bulls have a goal - to break through the resistance line (and this will be a terrible breakthrough) Hence, from the level of the beginning of the last growth (about 9800), an insignificant purchase should be recommended. Stop under the base of the formation. I think the majority because of the greed at the resistance line did not reduce the position. The constriction of the triangle will press on the brain. More carefully.
@VitalyKaminsky, Yes, saw it already. Agreeing with it but only to the point to see 10.2K. Further down to 9.2K > up to 9.8 K > down to 9K would be my prediction as of now. We are in gloomy times if 9K won't hold up. Hoping to see the final bigger H&S formation starting the next 48hrs (if at all). Good luck with your trades Vitaly. Definitely not easy times right now.
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@tianin, Fine understand what you mean, but it is at this time, I feel myself very good like never before
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@VitalyKaminsky, Hehe, same here :) I just meant that corrections are always harder to trade than bullish runs, that's actually all I meant. Doesn't mean you can't be successful. I am sure you are.