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NebraskanGooner
Dec 29, 2018 6:44 PM

Bitcoin Monthly 

Bitcoin / U.S. dollarBitstamp

Description

We see the OBV breakdown at 6k leading to new lows. Now we're hanging by a thread. If the monthly closes at resistance on price but support on RSI and OBV then I'll have to wait for further direction confirmation before entering a position. A close a bit lower puts us below supports on all accounts, and vice versa with a bit higher close. However the weekly chart looks more bearish.
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