Technical Analysis Update BITCOIN - (BITSTAMP:BTCUSD) - 7/2/17
Watch chart live here
Previous post here
Support 2 held on this last correction , we need to break out of the ichimokus and the current resistance line still at 2550.
Possible entry level for long trades at the 0.618 fib 2400-2450.
Still bullish until that support 2 uptrend line breaks
Pennant is closing and the price is coiling we will see where the market is going in the next couple days.
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Just bought some BTC <$2350 no intention of selling even if the price goes south.
the art of hodl
Good stuff... Thanks for sharing
i think the bears are losing strength right now, bull market i right around the corner so hodl, good analysis
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gooood analsis
Testing the pennant for the first and hopefully last time. Won't be a long wait to see this formation play out one way or the other.