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CryptoCurrency
BTC may be getting ready for a breakout
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<blockquote data-quote="Scotty Lu" data-source="post: 16299" data-attributes="member: 6480"><p>There is a previous resistance level at about the $64,250 level and for the last 15 days it has been consistently on an uptrend above the 50 moving average forming an ascending triangle on the right. If it confirms a candle or two closing above the green resistance line, you may be looking at a positive breakout on top of 5 or 10%. If that formation fails, BTC would drop quite a bit.</p></blockquote><p></p>
[QUOTE="Scotty Lu, post: 16299, member: 6480"] There is a previous resistance level at about the $64,250 level and for the last 15 days it has been consistently on an uptrend above the 50 moving average forming an ascending triangle on the right. If it confirms a candle or two closing above the green resistance line, you may be looking at a positive breakout on top of 5 or 10%. If that formation fails, BTC would drop quite a bit. [/QUOTE]
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BTC may be getting ready for a breakout
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