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MrJozza
Dec 9, 2014 6:42 AM

Short term bull scalp opportunity 

Bitcoin / DollarBitfinex

Description

Selling stopped on the 1h OBV support exactly as expected. Due to oversold conditions, we can expect a short bull run here. Take special care to keep a stop loss as I believe this selling is not over in the current environment.

Notable resistance levels:

353 - Old Fibb resistance,
340 - horizonal support price.
300 - old long turned resistance
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