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DanVE
Mar 5, 2018 10:56 PM

BTC - Wedge + log resistance.  

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Near critical price zone for BTC. Where do we go from here? Waiting o confirmation. Dip out of the wedge or breakout above 11800k

Trade active

Wedge broke down. Looking for first support zone around 10.1-10.4k. Expecting a small ABC correction before it tho, as we have 3 impulses from the wedge breakdown already.

Comment

Bounce at 7200. Seems like the bottom on short term.
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