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#BTC needs to stay above 6550$ levels to prepare itself to make a convincing move upwards. It did pump again to 6599$ (1$ shy from our target 1) earlier today however failed to break the wall above.

Lets see how it goes. Volumes are still very low.

Market Update

LTC - BITMEX

Long @ 910

Target @ 923 - 933 - 953

Stop-loss @ 870

Leverage @ 5x

BTC UPDATE from one of the best analysts at @ccinsider

SUMMARY
I have a feeling that soon we can see bullish rally without returning back to 6k$ level. Previously I've supposed that BTC will rise to the area at 7200$-7400$ and then drops back to 6300$ or even lower to 5850$, but now I'm in doubt about falling back.
Anyway hope you have opened your LONG positions and after each rise we will update stoploss.

And important remark: dont expect non-stop rise till 8500$ or 10000$, the rise will be with bounces at restistance levels at around 7050$-7200$ (EMA21 and EMA50 on D1 TF / Kijun on D3 TF) and at around 7700$-8200$, depending on how fast the rise will be, BTC could probably bounce from lower border of Ichimoku cloud on D3.