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Bitcoin
Long

Long BTC

By bman999
Updated
Simple straight forward falling wedge breakout trade given the absolute low volatility at the yearly and multi month block supports for BTC makes it a perfect Risk:Reward setup.
Take profit points : 3750 3850 4100 4250 4400
Trade active
Falling wedge breakout.
Note
Stop moved to 3600 while partial profits taken around 3700 resistance rejection.
Trade active
3850 reached. Next 4100
Trade active
Target 4100 reached. Next target 4200, however a retracement might be likely.
Trade closed: stop reached
Trade stopped out at 3995
Highly profitable long venture.
Bitcoin (Cryptocurrency)bitcoinforecastTrend Analysis
bman999

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