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juliacina
Oct 27, 2017 8:51 AM

ABCD + Descending triangel Long

Bitcoin / U.S. dollarBitstamp

Description

BTC/USD perform Bullish ABCD pattern, AB=CD with target 5190. If this pattern success it will perform Descending triangle and price will correct to hit resistance at 5594. After that it will break descending triangle to pullback from bearish confirmation line to retest the break. Target after that will hit 4200 on December.

This analysis is based only on technical analysis. Good luck.
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