Still on same view, i believe BTC has much tendency of breaking up because all the setup signals to Bullish breakout.
Patterns spotted are: Bullish Flag and Pole Inverse Head and Shoulder Symmetrical triangle RSI in potential Inverse HS.
Note: Its very likely we see final test on 6100$ zone before major breakout will occur or we can just breakout right away from the Inverse Head and Shoulder pattern.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE RED: Possible Support LEVEL GREEN: SELL TARGETS
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Please share your thoughts about it and support my post with your LIKES if you think it's useful.
Thanks
Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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BTC Breakout from the mini triangle and price closed above 6460 one of my strong resistance, we may have a re=test before price go more up.
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Time for retracement
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BTC hitting previous level again, this can be for pull back before next leg up
Do share your thoughts about it and support my post with your LIKES.
gains gains gains. 50% gain in BATBTC. Copycats must chill. click play. enough said.
cryptobiting
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I have small short for now with SL above resistance, Im convinced we will have a higher low before breaking the resistance above. If not have to go long on the retest.
cryptobiting
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I have an ascending triangle at the tip trying to break resistance. Very tough resistance, and so a downward play to 6350 or less.
I also have 61xx as a possible buy zone if it gets there. If volume takes over currently at 6425 (Bitmex) followed by a nice retest, then It will be a nice uphill parade for BTC and crypto.
asgcorp
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BCHUSD. recommended loading 410-420 2 weeks ago. 40% gain followed shortly. click play button. )))
CryptoFido
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Not yet :) .. It is a Bear Flag.. More down still in play