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ForecastCity
Nov 27, 2019 6:13 PM

Don't miss the great buy opportunity in BTCUSD Long

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (7412.60). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.

Take Profits:
TP1= @ 8357.70
TP2= @ 9911.45
TP3= @ 12310.45

SL= Break below S2
Trend AnalysisChart PatternsTechnical IndicatorsBTCBTCUSDBitcoin (Cryptocurrency)bitcoinforecastbitcoinusdbitcoindollarbtcdollarbtcforecast
Comments
Forecast_Crypto
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Excellent! as always!
Thank You for sharing!
ForecastCity
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@Forecast_Crypto, Thanks for your nice comment about it.
Forecast_Crypto
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It will go up soon! toward the MARS!

;-)
ForecastCity
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@Forecast_Crypto, ha ha ha, yes, it will. thanks for your sense of humor.
khanbabar995
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Its btc . Not a rocket :)
fxniki
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@khanbabar995, :) funny.
ForecastCity
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@khanbabar995, ha ha ha ;) thanks for the sense of humor.
Best_Forecast
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Thank you for your perfect Support / Resistance and Technical Analysis!
fxniki
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@Alexander_007, I feel the same about this TA.
fxniki
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@Alexander_007, Support and Resistance lines are perfect.
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