stanosky

Ongoing re-test of inverted Cup & Handle pattern

Short
BITSTAMP:BTCUSD   Bitcoin
As you can see in the chart above after the initial price drops, bitcoin is trying to climb slowly to the green resistance line and touch it. To me this looks like a classic retest of this pattern. After that, expect further drastic declines.

The above analysis is just my opinion, do not take this as financial advice.
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