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FXHighway
May 1, 2019 4:23 AM

Bitcoin turns higher Long

Bitcoin / U.S. dollarBitstamp

Description

Target: 6300
Risk: 4990

Technical reasons:

Surpassing the main descending channel’s resistance pushes Bitcoin price to achieve gains on the short term basis, and moving inside the ascending channel supports the chances of continuing the bullish trend.

The next target at 6300.00, and consolidating above 4990.00 is important to continue the expected rise.
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