Zammo

The next push up. Part 2

OKCOIN:BTCUSD   Bitcoin / U.S. Dollar
The movement continues to follow the channel created by trend lines . Two triangle formations have overlapped creating a channel within a channel. The narrow sideways movement will eventually get squeezed into the lower trend line before breaking out to a new high of around 275, breaking the old long tern resistance at 272. A safe entry here would be 256... it is possible you could get in at 254 if the price fakes down

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