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nmholtgraves
Feb 27, 2018 8:11 PM

Bearish Diamond 

Bitcoin / DollarBitfinex

Description

A classic bearish diamond formation has been completed on a 1 min chart for BTC. This diamond formed at the top of an uptrend signalling a shortfall with relative assurance. The 50 EMA also crossed down over the 200 EMA also signalling a shortfall.
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