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BTC/USD: Bulls Might Not be Finished Yet
My previous BTC/USD signal on 30th March may have produced a losing short trade from the bearish rejection of the resistance level at $67,715. 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 In my last BTC/USD forecast a little more than two weeks ago, I had through that if the price got established above $67,715 it would continue to rise to $69,234. This was a ... (full story)