Doseofcrypto

Bitcoin Continuing Consolidation Into the Weekend

BINANCE:BTCUSDT   Bitcoin / TetherUS
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As you can see we are clearly continuing the consolidation pattern we have been in for the past week or so. My current plan is to stay in a cash position until we have a clear break of this daily consolidation. The resistance on Binance is $11,794.

Enter: $11,855
Stop: Most recent hourly low
Target: $12,800 (near resistance)

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