djborrowman

BTC fakeout at resistance?

Long
COINBASE:BTCUSD   Bitcoin
There has been a lot of green lately with a test above 36,5 key resistance area. Bears appear to be gaining control in the short term but larger timeframes look bullish. My guess is we'll see a fake dump outside of this channel to shake out weak hands before it switches course to come back up to the trend's support line. Just a guess
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