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MrJozza
Mar 29, 2014 12:20 PM

Bearish Pennant visible.  Short

Bitcoin / U.S. dollarBitstamp

Description

It appears we have a bearish pennant formed which is breaking down. Bear market appears to be continuing after consolidating around the 500 dollar psychological barrier.

Sell volume appears higher than buy volume on the candles.
Comments
MrJozza
Broke down. Unfortunately not as far as I prefer.
MrJozza
Nevermind. Nailed it
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