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Yuriy_Bishko
Jul 27, 2020 7:02 AM

BTCUSD, A short term pullback is possible! Short

Bitcoin / United States DollarCoinbase

Description

As you can see at the D3 chart Bitcoin will continue to move up.
But before it will break the resistance level a short term pullback is possible.
This is not a recommendation to open a sell position, because I don't like positions opposite the trend.
$10500 is a psychological level also. If it will be broken a lot of bearish stop losses will increase rising.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!

Comment

Comments
PurpleCrypto
It'll have to happen eventually.

Corenergy
Yes, will we not first close CME Gap before we continue upward movement?
Yuriy_Bishko
@Corenergy, thanks for your comment!
mccd72
@Yuriy_Bishko, I gree with you!
Praveen_Kr
Cme gap 9650 ?
Taproot
what about the CME GAP at $9615 ?
Yuriy_Bishko
@Taproot, The GAPS are close usually, but it's not a 100% rule
Yuriy_Bishko
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