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srstout
Sep 28, 2017 1:39 PM
BTCUSD Interesting Penant Formation
Long
COINBASE:BTCUSD
60
Bitcoin / United States Dollar
Coinbase
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Sep 28, 2017 1:39 PM
After 38% fib correction from 7 year high, a 30-day pennant formation has clearly emerged. Current price is above 50 period moving average. If breakout to upside of pennant continues, then next resistance is 4400.
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