UnknownUnicorn6047038

#BITCOIN - TRADING RANGE Again

BITFINEX:BTCUSD   Bitcoin
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do not be afraid the chart looks hard, because everything is easy, let's see. We have a trading range again which does not tell us where the price will go, so we prepare to several scenaros.

1 - if price broke downward we can take short position
2 - if price close above local support (blue line inside the channel) we can open long with target on resistance
3 - if price broke channel's resistance we can continue longing it.

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