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VadiqueMagenta
Jun 30, 2018 8:24 AM

Bitcoin is ready to hit two targets. Long

Bitcoin / DollarBitfinex

Description

The expected exit from the wedge occurred.


We see good preconditions for a local turn. Volume profile came to equilibrium and formed two levels of fair prices - one at 6100, the other at 6700.
The first target and an important level is 6800, but the likelihood that the price will overcome it immediately - is unlikely.


Exit and consolidation above 6800 means a change in the medium-term trend, and the open prospect of achieving target 7600.
Comments
Seffka
Like!
Fritzfox
Well done
shankarjha
Nice Descending Wedge spotted
JohnnyKid
Awesome Job! Agree
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