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renegadeXBT
Jun 10, 2020 1:00 PM

Why Bitcoin is going to $11700 Long

Bitcoin / U.S. dollarBitstamp

Description

Similar structure to ETHUSD before the HUGE breakout. Continuous higher lows into long term $10500 resistance.
Very similar to $4000 breakout which led to a 20% daily candle! DO NOT GET CAUGHT IN A SHORT.

ASCENDING TRIANGLE = BULLISH
Comments
GMPinvestors
Very nice idea! We basically think the same, as you can see in our previous analysis. If you want you can check our analysis as well.
Let's track together this market !
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