k314

BitCoin (BTCUSD) study

k314 Updated   
BITSTAMP:BTCUSD   Bitcoin
BitCoin (BTCUSD) study

A bounce towards the major trend line could be seen above 8650
Comment:
Hourly chart suggests that BTCUSD is all set for a bearish flag breakdown

Comment:
After the bearish flag breakout BitCoin moved towards the right angled pattern support and bounced from there. Now the possibility of a move towards the major trend line is high
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