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meelis
Jul 18, 2019 10:08 AM

Price action following downtrend with fibs.  Short

Bitcoin / United States DollarCoinbase

Description

Here is chart to predict and show where trends is headed. Daily pattern follows more dumps this week. There is a chance one more relief rally to 11k if we break 11.3k. With NVT analysis it does not look like it to happen before capitulation in august.
Comments
meelis
Since we went 10.3k next resistance is at 10.5k. After that just below 11k major resistance. I feel dump could be just there and not at 10.5k.

Made small type when i said if we break 11.3k i ment 10.3k :)
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