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Losing-Up

Daily 300MA bounce to the 100MA

Long
Bitcoin (BITSTAMP:BTCUSD)  
Losing-Up Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Technical Indicators
6
1
chartpattern trendanalysis indicator
Looking at two previous times the 300MA daily came into play... on both occasions (bull and bear markets) it bounced back to the 100MA.
So there should be a long trade here either way!
Comment:
BTC still in the overall Bull Run Channel. A bounce back to the 100MA coincides nicely with the mid line there.

snapshot
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