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derektwlee
Jan 3, 2018 9:32 PM

BTCUSD: Decision time is coming closer. 

Bitcoin / DollarBitfinex

Description

If it breaks bearish and goes below the side line, we will have another major correction like we had in last July.
If it breaks bullish, we are good to go.

FYI, please check this:

There are three golden crosses: MACD, EMA, ICHIMOKU in 4 hour chart.
And we are at the cloud now.
Hope it break bullish but in July, we had them all and we were even above the cloud.

However, we had another major correction eventually.
This is why we need to be cautious and keep our eyes wide open and watch close what is going to happen to keep our money safe!

Comment


It is expected to break in 12 hours.

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Small(could be beginning of big) break incoming soon.

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Nicely climbed up from cliff.
The triangle is intact.

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Very tight again.

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Looks very promising!

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Came down to the recent channel but still above the trend line.
Let's see if it is resting on the trend line and break bullish.

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Coinbase is still working on breaking the trend line.

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Nervous?
BTC hasn't drop the ball yet.

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Hope BTC keep this final line

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Broke the line but came back strong!
Still looking good.

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Need to break 15500

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HOOOORAAYY!

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Closing today above $16200 will make a higher high to confirm the bull.
Comments
Berkshire_Passaway
Hey man, love your latest predictions. What happens to ETH if BTC Breaks upward?
derektwlee
@gregoryspirk, Hi. Thanks for your interest. I think ETHUSD and ETHBTC will not get affected much if BTC breakout is not as powerful as the one we saw yesterday. We need to see how strong it is first. I don't see any strong move yet. Also, ETHBTC pair will get more affected. I recommend you to use stop-loss option to protect your coin.
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