possible chances in BITCOIN.

BTC is in parellel channel,gave couple of chances for long position and once for short with prove as an increase in volume and clear price action.

Currently BTC is at perfect resistance level, bearish engulfing pattern or beak of short term uptrend in lower time frame would be perfect opportunity for shorting
or breakout of current resistance find another resistance at 1500 would be another opportunity.

breakout of current resistance may give possible long position with profit of nearly 7-8% upto next resistance level.



Chart PatternsTechnical IndicatorsTrend Analysis

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