cryptotrader53
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BTC Double bottom adam and eve theory
1
Bitcoin: Adam & Eve Double Bottom Reversal? $BTC
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This has been a fantastic range to trade Bitcoin in so far, lets see if it continues.
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Some long and short ideas for the coming weeks price actions.
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BTC will follow the parallel channel down and test the major support level of $5756 with the 100 EMA helping act as support. If we successfully bounce of this level we will test the 0.618 fib level ($8072.1), which has become a major resistance zone. As the $5756 support area has been tested over 4 times it’s becoming weak and won’t hold much longer. Once this...
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