BTCUSD Half Hour Channel 849 / 779 - Buy a break from this accumulation (849 level). Should come with good volume as shorts flip to cover with real buyers.
Watch for snap back or false break/stop run. If it goes with volume should see 893-908 1st then to 968. GL
Comments
Kazonomics
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Entering the price range of the distribution from our last dump at 900. Area of resistance from 894-908. Prices broke the channel into a parabolic. Trade carefully if you weren't already long inside the channel. If price stalls look for the top of the channel to become a support area. GL
CryptoCoinSolutions
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Yeah, I was thinking that any retrace from this recent uptrend on the 15M would be seen by many as a buying opportunity, and by shorts to cover, add that up, you get a few bucks uptrend. Love your intensity at this time, thanks so much for working hard. This is a super critical point for LTC/USD as the retrace here is the market's voice for consolidation confirm after this B reversal and bottom at 20.111. BTC leads this, overstock reality is shocking some, they can't believe, waiting to see if it blows up on Byrne, and the newegg rumor, that news would be contrarian to the buy on rumor, if Newegg even pilots BTC for some junk they sell, it would be a major rally.
Kazonomics
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Tell me you nailed this thing @CryptoCoinSolutions!! Like almost all stock twits just got ran over. Those guys are all about China.....don't follow those rumors man thats why they are called rumors. Price is all you need.