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Shankt
Jul 28, 2017 9:20 PM

Bitcoin (BTC) continuation Long

Bitcoin / United States DollarCoinbase

Description

Bitcoin seems close to completing a cup & handle pattern.

We're looking for a break up from the handle at 2775, after which the price should make a strong move upwards. This move takes us across a major resistance level ($3000 usd which is also ATH), so inital target is $3000 with a potential of $3125.

See patternsite for a detailed analysis of this trading pattern

Happy trading!
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