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ChartrunnerMan
Jan 21, 2018 5:39 AM

BTCUSD will see some upside before a third wave down. Long

Bitcoin / U.S. dollarBitstamp

Description

Hopefully I am wrong about this but BTC could get another wave down that will be equal to the first two waves. I will be watching the price action on the daily chart once we reach resistance at the upper trend channel. If it shows weakness then I will prepare for another down wave. I am bullish long-term but we are still digesting this quick run up for now.
Comments
PNUTTY
Good Graph. Completely agree that another surge down is a strong possibility. I like the use of the R1 R2
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