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jimo79
Jan 11, 2018 11:38 PM

Bitcoin descending wedge toward channel resistance 

Bitcoin / Tether USDPoloniex

Description

Going to be interesting to see where this one lands. If it breaks the main channel resistance we are going to 11000s and maybe 8000s. We may see a bounce off the resistance channel and the bull is back in play if it breaks above the wedge channel.

Comment

As expected, right on mark the wedge has provided resistance following tonight's rise in price
Comments
fotifoti
Now, Up/down?
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