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Div_Trader
Nov 27, 2018 3:56 PM

BTC - Yet another Triangle on 1H Chart 

Bitcoin / United States DollarCoinbase

Description

Break out of this Triangle will take us to 4050 Region.

Breakdown of this triangle will take us to 3300 zone.

Reason to be Bullish: Strong Support at 3500 zone. Any dip Below 3600 is been bought Quickly with a bounce.
Reason to Be Bearish: Triangles in Downtrends usually Break down.

Comment

Target reached earlier then expected. Daily Close above 4100 is bullish for BTC.

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