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BTC - Trading BTC Rectangle

Bitcoin (BITFINEX:BTCUSD)  
mumbojam  
BITFINEX:BTCUSD   Bitcoin
Fibonacci Rectangle BTCUSD
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fibonacci rectangle btcusd
If we break out of the rectangle heading downwards following Fibonacci we can monitor for a bounce off one of the levels based on the momentum of the moves.

If we bounce off the rectangle and break upwards I would expect a strong move upwards to test resistance again.

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