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Bitcoin
Long

Testing, testing; 1-2, 1-2...

556
This plays. The count is still valid. The Channel support seems to be the key. Now a 1-2, 1-2 with this type of range sets up a bigger move overall. Bulls need the Fib ping-pong to break. The resistance at $2,800 will be substantial. I'd be surprised, albeit pleasantly, to see us break out of this range prior to Aug 1st... So, I'd suggest being strategic with stops to lock in gain when you have them prior to that inevitable volatility. Until then, we ride the 3 as long as we can...
tradedevil
Crypto Trading and Education - goo.gl/AUxrWz
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tradedevil
Crypto Trading and Education - goo.gl/AUxrWz
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.