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MrClock
Sep 27, 2019 1:50 AM

Daily uptrend channel: The last chance for bulls Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin have a uptrend channel at D1 time frame, the bottom of this uptrend channel are localidated at important fibo level (0,618) at 7.2k region level.

That channel is the last chance of bulls recover the market and reache 20k usd up until end of 2019.

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Chart update

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Boom!
0,618 works!
It seems that we are starting a strong bullish wave 3, targeting 20k.
But first we need to see how the weekly candle will close Sunday.

Comment

9800, the last chance for bears
Comments
RGBEE
Thanks Clock, still following after a couple years.
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