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Inverse Head and Shoulder
was formed on 29.03 at 22:00:17 (UTC+0)
signal strength 2 of 5

Inverse Head and Shoulder #Bitcoin M15

According to the chart of M15, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 81609.29 while the median line of the Neck is set at 82839.07/82640.15. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #Bitcoin will go towards 82640.38.

The M5 and M15 time frames may have more false entry points.

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