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TheCryptoMonkey

BTC Ready For HUGE Reversal?

Bitcoin (BITFINEX:BTCUSD)  
TheCryptoMonkey  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Chart Patterns BTC reversal downward Bullish Patterns Support and Resistance breakout
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trendanalysis indicator chartpattern btc reversal downward bullish supportandresistance breakout
- A strong bounce off the ascending support
is necessary in order to break through
the descending resistance, and 20,50,200
day moving averages.
- A break above $8,000 is needed for bullish reversal
- A downward channel has formed, leaving possibilities
for bullish reversal in the $7,000-$7400 buy zone.
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