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Bitcoin Bottom of Channel? | See what may be NEXT!

BITFINEX:BTCUSD   Bitcoin
Is BTCUSD finally at the bottom of a channel?

Is it time for a big boom to 20,000? Probably not..

But, based on recent history, it looks promising that we may see an upward move..

If you saw our last post that I linked, we mention how we are using our big three strategy to trade BTC.

Same rules still apply as right now bears are temporarily in charge.

If BTC dips around 5800-5900 range, this will be a great range to keep an eye on if you are a BTC buyer.

I will keep this updated throughout the day, let me know if you have any questions or comments!


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Here are some bench mark price levels
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Big 3 bullish rules begin to apply with a candle close above 80 sma blue line
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1H candle close above 80 sma
Big 3 trade setup developing
Waiting for Step 2 Bearish pullback
Then Step 3 green bullish continuation candle - enter at close
If any of these steps do not happen then trade is void
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Here are some Big 3 Bullish entries on 1H, 30M & 15M
www.screencast.com/t/rrDqcVbRA6H
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