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It would be interesting to see what happens around 39200. Either it shoots up past it, which i think is unlikely, or it will be the beginning of the fall, which is supported by the btc whale transfers we have been seeing in last 24 hours.

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I am buying around 35450. Stop loss around 34800

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Need more candles to confirm

faresar Updated 

maybe within 30 minutes. look at the nice resistance line....breakout of that may be near

faresar Updated 

Could bounce back up. Hourly candle also looks good

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Check my previous anlaysis where i predicted rebound around $8000. My blueline has proven to be a very strong support line. I just love how accurate this was. We got our rebound. Time to go up from here. The next 24 hours will be crucial.

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Seems to be going back to previous line. I think it will rebound fast somewhere around $7700

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BTCUSD When BTC was around 5650 in October 20, i showed a chart showing the possibility of going up an average of 52% and minimum of 35% from 5190 price. I was expecting a minimum of 6900. The new high is now around 7740 which is about 49% increase from 5190. (checked related idea below for original post) The average was formulated by looking at the candles...

faresar Updated 

It usually goes higher after a big retrace. Question is what happens after fork, will it fall down or go higher.

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Candle sticks show signs of reversal today. I expect a spike to around 14.75 level and then pullback. New bottom over the next days could be somewhere above MA100. lets see what the coming days reveal.