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kaaiii
Jul 25, 2018 6:14 PM

BTC Overbought and likely to correct before continuing higher Short

BITFINEX:BTCEUR1D
Bitcoin / EURBitfinex

Description

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Based on fib levels and BTC being overbought it's likely we'll see COINBASE:BTCEUR retrace to around the 50-day moving average and 0.618 levels roughly 6400-ish before continuing higher.
Trend AnalysisFibonacciElliott Wave
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