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Augustus_Lee7
Nov 20, 2019 3:23 AM

Bitcoin: One of Two Things Could Happen 

Bitcoin / United States DollarCoinbase

Description

Highlighted main price channels. Price still bullish because we broke above crucial support and two out of three current channels favor the bulls.


(A) Price will hold and consolidate upward before breaking the corrective channels resistance.

(B) If price breaks through trending channel support, the supporting channel should provide enough support to reverse price to the upside
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