bitcoin

Support Curve to monitor

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BITFINEX:BTCUSD   Bitcoin
Back to wider timeframe the nearest stronger support is the dashed green curve. As market failed to break up and got inside triangulation again bears have a chance to strike back once this support is broke down. There is plenty of harmonics here, so the market could still continue sideways from harmonic to the next harmonic as it is doing for the past month.

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Broke down, but as I said, still lots of harmonics on place, next harmonic will publish on next idea.

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