Anpu
Long

BTCUSD | Retracement

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Price was supported by the Ichi Cloud + the Mid line of the Descending Channel . It should be a retracement to the higher boundary of the Descending Channel and possible to the Mid Line of the Ascending Channel .

Stop-loss can be placed under the Mid line of the Descending channel or under the Ichi Cloud zone, if it comes to actions.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.
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Comments

nice review, appreciate it. here's litecoin.
LTCUSD 4h best level to BUY 20% gains(NEW).
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Have to disagree somewhat...strong distribution going on which is a sign it will roll over
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Good work, here's mine:https://www.
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This upward channels bottom trend line is broke the so many candlesticks bodies so as per my knowledge this is imperfect analysis
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Nice analysis. Liked!

I expect BTCUSD price to consolidate today. The analysis is based on 28 technical indicators. Do share your thoughts :)
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