MichiBTC2021

Inverse head-shoulder-pattern w/o break-out made resistance

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PHEMEX:BTCUSDT   BTC / USDT Spot Trading Pair
My previous bearish idea wasn't confirmed. There was a positive break-out from the descending triangle, but now a inverse head and shoulder pattern was not succesful. This leads to new resistance trend-line.

Again not good situation for a uptrend. Still bearish.
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