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Bitcoin Bear Traps In Place
Bitcoin
Short
Bitcoin Bear Traps In Place
By C320up
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Updated
Feb 7, 2018
1
Feb 1, 2018
Shorting Bitcoin at the moment could be risky business considering a few potential bear traps appear to exist.
Some support should be offered at:
1. The pink line at around $9100
2. The blue uptrend line
3. The yellow downtrend line
4. The green uptrend line
The 8K barrier could be a tough one to break through.
Feb 7, 2018
Note
-
Some support was offered, however, the bears were too hungry.
Idea Closed!
Bitcoin (Cryptocurrency)
BTC
BTCUSD
Elliott Wave
Support and Resistance
Trend Lines
C320up
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