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Fab_Forex
Aug 21, 2018 11:00 AM

Bitcoin return to key levels  

Bitcoin / United States DollarCoinbase

Description

As you can see on the 15 minute chart that the price has returned to a key zone on the 15 minute chart, we could se price ranging between support and resistance for a while before a breakout of either bullish or bearish movement, either breakout should see a significant move, this is one to keep our eyes on, we are predicting bullish movement from this area but until this is confirmed we will not be advising you to take the trade.

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Comments
alexkostoff
how can you have bullish bias when you can zoom out and see the biggest bear flag with a clear ABC pattern and a price target of 5k on the C wave? Maybe after that it could be bulish, but we shall see.
Fab_Forex
@alexkostoff, That's the beauty of analysis, not everybody sees the same thing and we learn from each other, I myself can not see price reaching 5k ever and can only see Bitcoin strengthen through fundamental analysis.
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