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Batrachotoxin
Jun 25, 2019 3:16 PM

Short-term BTC' supports and resistances from Pivots Long

Bitcoin / U.S. dollarBitstamp

Description

BTC has just broken out an ascending triangle pattern and had a leg up to $11,452. A minor pullback went after that pushed price down to $11,100 to test the upper edge. BTC has enough strength to test those resistances at around $11,800, $12,600, $14,000 and more. To keep the bull favor, BTC needs to trade above the key support at $10,300.

The supports/resistances by Pivots are as shown in the chart, relatively.

Trade closed: target reached

All target reached. This analysis come to an end.
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