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CryptoRPTR
Jan 30, 2018 9:05 AM

BTC daily falling wedge  

Bitcoin / DollarBitfinex

Description

BTC on the daily chart seems to be in a falling wedge pattern.

During the first half of February, the price action could test the support level around the 200 EMA and then bounce to the dynamic resistance printed by the Ichimoku cloud around 13k USD.

The closing of the daily candle below the 200 EMA would likely start a long bear trend.
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