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CryptoRPTR
Feb 7, 2018 12:47 PM

BTC 1h chart possible scenarios 

Bitcoin / DollarBitfinex

Description

On the short term, BTC shows a completed inverse H&S pattern that gave the price action enough momentum to pierce through the cloud dynamic resistance (edge to edge). The price, however, is in a rising wedge pattern and could test the short term support at 7,1k USD soon.

The arrows describe two possible (bullish/bearish) scenarios that are likely to happen if the price retest the 7,1k USD support.
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