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ForecastCity
Nov 27, 2019 6:06 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 IndicatorsBTCUSDBTCUSDBitcoin (Cryptocurrency)bitcoinusdbitcoinanalysisbitcoinforecastbitcoinlong
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 on this post. and you're welcome.
Best_Forecast
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It will go up soon! toward the MARS!

;-)
ForecastCity
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@Alexander_007, Thanks for your comment on this post.
Best_Forecast
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It will go up soon! Thank you!
ForecastCity
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@Alexander_007, You got it.
Pro_Trader_007
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I like your Ideas very easy to understand
ForecastCity
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@Pro_Trader_007, Thanks. we are always trying to keep it as simple as possible, and easy to understand.
fxniki
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@Pro_Trader_007, Yes, That's true. I feel the same about them.
ForecastCity
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@fxniki, Thanks.
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