Zoomed Out chart of BTC, with 2 longtime fibonaccis, these are important support/resistance levels or zones. Also a big H&S pattern is visible on the chart, its finished and below the neckline at the moment.
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First test of the neckline, rejected
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Better Chart with examples of broken neckline vs. rejection
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I am trying to calculate a possible target for the H&S, not sure if I got it right that way... Possible target is on point with the 1400MA, which is the 200MA from the weekly chart.
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