BTC|USD - Two Morning Stars on Daily

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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We got two morning star bullish candlestick patterns on daily chart .

One of them confirmes the breakout of 8.900$ resistance.

However we can see two scenario.

1 is we break the 9100$ resistance and go up.

2 the 9100$ resistance can retrace the price. In this case we should wait for confirmed retracement of 8.900$ support level than go long

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Not a Financial Advice


Time to open longs on bitcoin again, This idea below explains why:
BTCUSD TP hit in 48 hours. click play to recap. stay tuned for more updates.
Great analysis...
How are you buddy. Agree with your outlook. More upside possible.
Nice, check out that monthly morning star too eh
It will be interesting to see how these two morning stars will fair against the 20/50 DMA death cross BTC is producing today. I'm thinking the death cross will pull harder, but who knows...
this is good. let's see if this pans out.
Did you not open a short 22 hours ago?
David_Smith faugusto1983
@faugusto1983, buddy did you see some confirmed rejection?
+1 Reply
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