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Faibik
Oct 14, 2019 3:48 AM

BTC/USD (Bitcoin) | Looking Bullish After Weekly CLOSE..!!! 

GEMINI:BTCUSD1W
Bitcoin / U.S. DollarGemini

Description

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BTC/USD (Bitcoin)

Forming Falling Wedge in Weekly Chart. (Bullish Pattern)

EMA30 is Acting as a Resistance & MA100 is the Strong Support ..(8550 is the Resistance & 7800 is the Support)

After Weekly Closing, BTC is Looking Bullish But Need to Break 8550 & 8800 Resistance Levels For WEDGE Breakout..

In Bearish Scenario, if BTCUSD has Failed to HOLD the 7800 Support then We Might See 7200 ..(Another Lower Low)


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The information given is never financial advice. Always do your own research.
WedgeMoving AveragesFibonacciBTCUSDBTCBitcoin (Cryptocurrency)
Comments
SpartaBTC
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high probability of this movement
Faibik
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@SpartaBTC, Yeah..Are You Agree??
SpartaBTC
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@Faibik, If the level is held at 7,000 thousand, then this movement is more likely. If the level cannot be held at 7000 thousand, the “Bear measured move” is confirmed and the price goes to very low values for a long time.
bloodgood
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This seems realistic.
You do only BTC analysis or also alts?
Faibik
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@bloodgood, also ALTS
bloodgood
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@Faibik,
could you contact me on office@NewsCrypto.io ? we could cooporate.
VincePrince
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Interesting view
Faibik
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@VincePrince, Awesome ..!!
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