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Freedonia
Aug 29, 2019 8:29 AM

BTC consolidation inside a bull flag 

Bitcoin / U.S. DollarGemini

Description

Middle channel line is acting now as a strong support, but let's not forget that yesterday Bitcoin broke MA100 (which has been support since last february) and between three days MA200 will reach channel lower support. If instead middle channel line will held as support, then expecting a retest of the upper channel resistance will almost be a certainty.
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