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BTCUSD (BITFINEX): flag pattern on 4 hour chart

Bitcoin (BITFINEX:BTCUSD)  
Commandeur  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns btusd
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trendanalysis chartpattern btusd
The two purple trendlines form a flag-pattern

if a breakout to the below follows, the price target would be rougly USD 4648

However, price may find support around USD 7626
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