BTC/USD : someone is checking the market before buying. The rollbacks down with immediate recovery signals us for a continuation of the upward trend. Support 7800$ , resistance 8300$ & 8450$ . Formed the bullish pennant . Short-term(45m). The path of least resistance
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Trade active
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Trade active
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go to the support line & zone
Trade active
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in the support zone, broke the support line of the pennant
2014: From ATH (2013-11-25) ~ 4th low (2014-4-7): 4.5 months.
2018: From ATH (2017-12-11) ~ 4th low (2018-6-18): about 6 months.
2014: From last high ~ 5th low: down 60% in about 6 months.
2018: From last high ($8,527) the same would take BTC to $3,411 on 2019-1-21
fadywanis
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Here are my targets, I have been perfectly predicting all BTC movements so far :)
taylor.ranny
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Don't agree
UnknownUnicorn1587964
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gg dady
kboy10
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m4riovolp3
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boooooom... down... I saw this today and I mentioned this on many telegram groups: "...BTCUSD today will drop another leg down..." but, as usual, everybody starts laughing. This is the 9th time in a row, where I was right: cheers and good trades
kryptikjim
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So since the last support line is broke; what do you see now? Cause all I see is more falling, more manipulation, more noobs getting rekt. More people walking away from this sector forever. Personally I don't own BTC, but I do think it is a good idea at some level. I am waiting on my entry point. Once I see people on mass saying F@$* this; that is when I plan to buy.
weslad
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Brother great analysis, I just hope BTc make its move and let the market settles.