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Thread: Fbs

  1. #431
    pedagoreng is offline Senior Member
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    On D1, we can see that Bitcoin stayed above 3650 during the second half of December. As a result, what we are seeing may be an inverted “Head and Shoulders” pattern. Advance above the neckline at 4490 will open the way up to 4960 (September 2017 high).
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  2. #432
    pedagoreng is offline Senior Member
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    There's a 'Three Methods' pattern, which has been formed on the Moving Averages. At the same time, if a pullback from the nearest resistance at 1.1421 happens little later on, bears are likely going to reach the previously tested support at 1.1306.

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  3. #433
    pedagoreng is offline Senior Member
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    There's a bullish 'Three Methods' pattern, so the pair is rising. The main target is the previously tested resistance at 1.1466. The subsequent pullback from this level could lead to a decline towards the nearest support at 1.1369.

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  4. #434
    pedagoreng is offline Senior Member
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    The price has been rising since the last bullish 'Thorn' formed. The main intraday target is the next resistance at 1.2814, so we could have a new local high soon. However, if a pullback from this level happens little later on, bears will probably try to test the nearest support at 1.2738 - 1.2695.

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  5. #435
    pedagoreng is offline Senior Member
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    There's a bearish 'Doji' pattern, which has confirmation, so the market is likely going to test the Moving Averages. If a pullback from these lines happens next, there'll be a moment for another bullish price movement towards the next resistance at 1.1519.

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  6. #436
    pedagoreng is offline Senior Member
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    There's a 'V-Top' pattern, so the pair is likely going to test the nearest support at 1.2706 - 1.2695 in the coming hours. If a pullback from this area happens next, there'll be a moment for another bullish price movement, so we should watch the next resistance at 1.2796 - 1.2814 as an intraday target.



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  7. #437
    pedagoreng is offline Senior Member
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    There's a pullback from the 0.5 retracement of the last huge green candle, so we've got a 'High Wave' pattern, which has been confirmed enough. Thus, we should watch the next resistance at 1.1597 as an intraday target. The subsequent pullback from this level could lead to a decline towards the nearest support at 1.1496.

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  8. #438
    pedagoreng is offline Senior Member
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    There's a new local high, but we've got a 'V-Top' pattern. In this case, the market is likely going to test the nearest support at 1.2796 - 1.2772 in the coming hours. Meanwhile, if a pullback from these levels happens next, there'll be an opportunity to have another bullish rally towards the next resistance at 1.2883 - 1.2927.



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  9. #439
    pedagoreng is offline Senior Member
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    There's a 'V-Top' pattern, which has been confirmed, so there's an opportunity to have a local downward correction. In this case, we should keep an eye on the nearest support at 1.2814 - 1.2772. If a pullback from this area happens little later on, bulls will probably try to reach another resistance at 1.2946.

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  10. #440
    pedagoreng is offline Senior Member
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    All the Moving Averages have acted as support, so there's a 'V-Bottom' pattern. In this case, the pair is likely going to reach the previously tested resistance at 1.2927 - 1.2946. If a pullback from this area happens next, there'll be a moment for another decline towards the nearest support at 1.2839 - 1.2814.

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