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blloyd
Dec 5, 2018 12:04 PM

Growing likelihood of #Bitcoin $BTC short squeeze relief rally  

Bitcoin / U.S. dollarBitstamp

Description

With USDBTC shorts nearing levels that are typically followed by a short squeeze, the likelihood that BTC will make new lows in the next few days is dropping. I will look to enter a short position after we see overbought conditions on the Stochastic RSI assuming that we see such a relief rally.
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