PrepForProfit

Bitcoin Resistance Break

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin has made a daily close and open above $9,600 resistance(lower red line) as price continues to gain within a rising channel(orange lines). Traders look ready for a push up to $10,300 resistance(upper red). Target area is shown in yellow. Any pullback needs to hold above the lower channel line to keep price bullish, or more preferably, a hold above the recently broken resistance level of $9,600.

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