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Bitcoin
Long

BTCUSD

By djmitchb
Buy zone in green, head and shoulders pattern on daily, strong confluence zone between 7600-8200. there is a gap on the futures chart at 7600 so I suspect we will fill that which coincides with a strong support area, possible reversal here if buyers step in. an activation of the head and shoulders puts us in the confluence zone at 11,100-11,500 for first target, then to 14,000 to retest the old resistance.


Bitcoin (Cryptocurrency)BTCUSDTrend Analysis
djmitchb

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