BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We move in a symmetrical triangle.
Several times we touched the support line and with good volumes go up. Touched the dashed line of resistance and now we are determined we will continue to move towards the resistance line of a large triangle or not.

But we are still moving down trend channel and now near midle line of this channel


I look at D1 chart and I see we touched MA100


How its works in the past
You can see false break down and after we go up.


BTC % domination we touched MA200


Longs and shorts
longs will go up


shorts - flat




Comment: touch midle line of down trend channel
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After a sudden roller costar fall we are again within the pennant and moving up, great work thanks for sharing
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The drawing is very nice looking
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Nice analysis! Bitcoin might be about to make an even larger move:

+1 Reply
Love a good panic sell
+2 Reply
rekt
+5 Reply
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