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BigNodes
Apr 30, 2018 1:29 AM

Daily trend analysis  Long

Bitcoin / DollarBitfinex

Description

Ok, the green line is the most important bearish trendline that we brakeout recently. Red lines are other 2 possible trendline that converge all at this point. I think we could broke now and go up strongly, or we can retrace a bit in the lower lightblue line around level 8650$ before definitely exit from the bearish big movement of the past months.

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Zoomed in the 4h chart
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