David_Smith
Long

BTC|USD - Fake Dump Pattern

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Greetings. Please leave a Like if you like the idea

If you like the risk you can try to open long from current level with a stop-loss below current support zone or below 10k$ (woule be better.) For those who do not it's better to wait for price crosses back to the ascending channel that will mean the growth will continue.

There is a high chance we have one more fake dump, third in a row. Because price amazingly held the support zone above 10k$.

Also find an interesting coincidense with the previous fake dump.

Only in case we close below 10k$ it will be time to think, until that happen we should be bullish . (just my view.)

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Peace Out!

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Comments

can you spell gains? up 40% since update. click play to recap.
linkbtc daily up to 100% upside (NEW).
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David_Smith ProjectSyndicate
@ProjectSyndicate, sufficient work
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David_Smith ProjectSyndicate
@ProjectSyndicate, thanks you share this
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your analysis is great) btc is in the range now
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@Alex_Clay, wonderful chart
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@Alex_Clay, thanks for sharing
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Every moment in the market is unique. A few days ago is not the same as today. It could also be a fake brain pattern, jajajaja.
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David_Smith Vivir_del_Bitcoin
@Vivir_del_Bitcoin, for sure buddy. It's like the every moment in life is unique, but we use past experience to solve future tasks
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David_Smith Vivir_del_Bitcoin
@Vivir_del_Bitcoin, thanks for nice thoughts
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Pretty sure it was a fake breakout. I think we will go 10.500+ tomorrow.
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