Technical analysis Bitcoin. BTC-USD on June 25, 2018

June 27, 2018


The formation of the new price movement for the last few days resembles the reverse head and shoulders pattern, if the market manages to overcome the resistance at 6350, we can expect the test of the upper edge of the downtrend channel. Be careful, we are still in the bearish flag and have the chance not to break the local resistance and go lower to test the bottom edge of the bearish pattern.

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