thecharttechnician

A KEY CANDLE( Penultimate candle) to watch with BITCOIN.

BITSTAMP:BTCUSD   Bitcoin
Candle of interest (Penultimate candle) is marked on the chart. End of week close above or below this candle would suggest a re-test of two levels as shown(13800 on the upside or 3850 on the downside).
Which way ? Wait till bulls or bears make their move and show their strength as well as commitment.
This analysis is for educational purposes only.
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