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Tradespot
Apr 16, 2020 8:55 AM

BTCUSD - Short - Repeating the past? Possible double bottom Short

Bitcoin / United States DollarCoinbase

Description

Price action looks extremely reminiscent of the previous rally forming almost a fractal in it's topping pattern. I'll be sitting in cash until the charts tell me otherwise.

If we break above with volume and close above the upper resistance lines, I see one final leg to 7.8K but ultimately expect a double bottom.
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