PolarHusk

BTC/USD (Bullish Weekly Pattern?)

Long
BITSTAMP:BTCUSD   Bitcoin
BTC/USD

-weekly candle must close bullish
-must hold immediate support at 8ks
-must keep trading above 20ma
-if failed to break downward resist line
-must consolidate and challenge to break higher
-next upside target is key resist area at 10.5ks
-no major red flag on the weekly
-we might expect minor consolidation for few days
-priority is to the upside

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