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BTC/USD: Briefly Reaches 18-Month High Price

From dailyforex.com

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. BTC/USD Analysis I wrote in my previous BTC/USD analysis two days ago that the price was continuing its wide, bullish consolidation. I was correct about this, but the levels I have were not useful. The wide bullish consolidation is continuing, with the price briefly making a new 18-month high yesterday but failing to hold on to any ... (full story)

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  • Category: Technical Analysis