Alanmartinezh

POSSIBLE TREND REVERSAL...LIGHT AT THE END OF THE TUNNEL_

Long
BITSTAMP:BTCUSD   Bitcoin
As we see, we have not broken the downtrend, we had a false breakout and now we are on full bear market mode since bear flag confirmation, MACD is not confirmed yet, but if we see a clear cross in the next 2/3 days we could break the bear channel once again, possible entering a new bull market with hight ressitance levels at around 11,700.
If we break support we can see a further correction in price possibly reching 6k once again.
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