profzigzag

Bitcoin getting ready for possible breakout

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin showing similar breakout pattern as with the previous breakout. Price slowly creeping above descending channel formation. Possible long entry at the significant break and close above the upper channel formation at (3). Support and other possible long entries at EMAs and (1). Target and next expected resistance at (2), minding resistance at psychological level of 20 000.
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