Market watch $BTCUSD 01-18-2018

On our market watch, today is BTCUSD. The cryptocurrency has broken below the neckline of the H&S formation 13000 level. This zone 12700-13000 is now being retested and we can expect another downside swing targeting 7600 level.

Note: enter the sell trade with the SL just above 13300

Bitcoin price action technical analysis

 

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