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Nickonomics
Jul 17, 2017 3:02 PM

Bitcoin (BTCUSD): Intraday Levels 

Bitcoin / U.S. dollarBitstamp

Description

In my previous post I anticipated more selling towards 1929-1935 and 1850 targets. All of them were met. Switching to intraday charts, we're seeing a bounce, which may lead the price up to the current resistance zone @2200. Inverse Head&Shoulders pattern supports this idea. Short-term trend remains negative as long as the price stays within the pitchfork.

Trade closed: target reached

Target reached @2200. Stay tuned for updates.
Comments
TheRealSoothaa
Your work is fantastic, thank you.
Astark90
update?
Nickonomics
@Ali7861, Updated price levels before English post is rdy:
bombman
Another masterful post.
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