Technical Analysis Update BITCOIN - (BITSTAMP:BTCUSD) - 7/1/17

in #bitcoin7 years ago (edited)


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We had a good recovery bounce on the support 2 trend line, 2550-2600 is now the resistance we need to break, looking to bounce off either the 0.618 fib now or the support 2 trend line again this area being our higher low.

If the support 2 trend line breaks we could see BTC going back down to 2100 or around the support 3 line.



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