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Topic: [2016-03-16] Bitcoin Price Technical Analysis – Right Shoulder Forming? (Read 328 times)

hero member
Activity: 644
Merit: 500
Bitcoin Price Key Highlights

    Bitcoin price has been stuck in a tight range lately, waiting for more directional clues from this week’s catalysts.
    Price is slowly grinding higher but is having difficulty breaking past the $415 area.
    If resistance continues to hold, bitcoin price could complete a head and shoulders reversal pattern, indicating the start of a selloff.

Bitcoin price appears ready to complete a reversal pattern on the 1-hour time frame, signaling a possible downtrend.

http://www.newsbtc.com/2016/03/16/bitcoin-price-technical-analysis-03162016-right-shoulder-forming/

this one looks great a big help to analyze the movement of bitcoin, I can use it for trading and buy and sell thank you mate for creating this one. will be more helpful to everyone.
hero member
Activity: 784
Merit: 500
Bitcoin Price Key Highlights

    Bitcoin price has been stuck in a tight range lately, waiting for more directional clues from this week’s catalysts.
    Price is slowly grinding higher but is having difficulty breaking past the $415 area.
    If resistance continues to hold, bitcoin price could complete a head and shoulders reversal pattern, indicating the start of a selloff.

Bitcoin price appears ready to complete a reversal pattern on the 1-hour time frame, signaling a possible downtrend.

http://www.newsbtc.com/2016/03/16/bitcoin-price-technical-analysis-03162016-right-shoulder-forming/
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