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JabezZinabu
Jun 21, 2018 2:34 AM

BTCUSD - Long Long

Bitcoin / United States DollarCoinbase

Description

Bitcoin is currently at a significant level of demand.

The last 3 times price reached the zone we currently find ourselves, we saw a large move to the upside.

I expect the same here, with a potential exit around $8100, which happens to have several resistance points:
- volume profile point of control
- 50% Fibonacci retracement level
- and 4-month trend line resistance line
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