jimmycdn

BTCUSD - what happen next?

BITFINEX:BTCUSD   Bitcoin
Morning Traders,
After price drop around 2000$ then back up same distance.
Right now, price struggle to pass 38000$, but we have 1 hours to close candlestick.
Resistance set just above 3800$ - 38397.8$.
Momentum currently is not stronger enough to pass resistance levels.
Channels was broken to the upper side.
There is TL protecting us against possibility of price drop.
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cheers,
Jim

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