earnmybitcoin
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Chart : 4 hourly Pattern : down breakout from symmetrical triangle Prediction duration : 4-6 days Target: 305 $ based on Fib retracement level Range : 1117.5 $ to 614.88 $ Fibonacci retracement 1.61 level : 304.24 $ Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
3
Break of symmetrical triangle trend to the downword side with increase in sell volumes Look for 161.8% Fibonacci retracement levels at 6900$ for buying opportunity Buy zone= 6800$ to 7000$ Stay tuned......
3
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