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MarketMonk
May 18, 2016 11:40 PM

BTC:USD High probability short position Short

Bitcoin / U.S. dollarBitstamp

Description

Short BTC:USD for 4 reasons: Bbands are moving outward indicating significant price movement is about to occur, this is followed by the K-channels moving downward which indicates with high probability that the price will move towards the 452-451 support zones. Additionally, STC and Laguerre RSI indicators all have fallen below their respective "short" points.
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