Bitcoin: Handle is forming

Updated
BTC continues its worry towards and upside potential and a breakout. It has to break the upcoming strong resistance i.e. 11k where people will enter as long and TP @ 12.2k or earlier.

The intersection of two solid red line is called as R-S Junction, which defines a point where the resistance and support equalize their strength and a shift in market trend is anticipated. In most cases, we see a consolidation phase in near future.
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Breakout approaching...Remember the plan
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Handle is complete ...awaiting breakout to decide long
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Due to low volume the breakout wasn't significant. Thus, I go short!
Trade closed: target reached
Chart PatternsTechnical IndicatorsTrend Analysis

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