MikeMoh

BTC consolidating before another take off !

Long
BITFINEX:BTCUSD   Bitcoin
Looking at the 4 our chart , we see btc broke out of minor trend line, tested horizontal Resistance and failed to break, now we forming sort of a bull flag, the last 4 hour candle is kinda of a Bullish PIN BAR, which indicates bear's weakness.

a break out of 7200 R will be a good path to the test the main down trend.
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