jorritdenuyl

Interesting BTC chart: BTC has to test the EMA Ribbons

BITSTAMP:BTCUSD   Bitcoin
Since BTC broke the Daily EMA Ribbons, it hasn't tested the Ribbon. We can test it like we did often before. It would bring us to +/- 54k, wich is also the price target of the Head and Shoulders Pattern. Don't panic and give Bitcoin a little rest. We can only appriciate a test of the EMA Ribbon, because this will give BTC more strength to rally further.
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