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BTCUSD going for upper 12k

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Good Morning Traders!

Bitcoin is looking like its going to around 12800.

Reasons:

1) 0.786% Fib at 12810
2) We are forming a bullish wedge (within a bear triangle)
3) Consolidation at resistance usually means expansion


Our stop is at 11500.

Decent Risk:Reward Setup.



Follow our trade on Bitmex by clicking this link: bitmex.com/register/3oouoz



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