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Date Posted: 09:01:34 06/26/19 Wed
Author: Philbond007
Subject: XBT(bitcoin dollar index): daily/4hr candle charts

Note, there's TWO parallel sets of lines on the 4hr chart shown in purple. The 4hr chart shows the price action after the more STEEP purple parallel resistance was taken out. On 6/21, I posted the 4hr chart using COINBASE data & mentioned if that parallel resistance line is taken out, a run of $1,000+ would likely occur fairly quick. As you can see from the 4hr chart below, the STEEP purple parallel resistance was taken out, & consolidated into a "rising wedge", or perhaps a "bullish pennant" w/an upward tilt, then proceeded to breakout of that & run over $1,500.

Zooming out to the daily chart appears to show the price wants the $14,100 mark. When/if this happens is anyone's guess:





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