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BITFINEX:BTCUSD
It came up much steeper and faster than expected
In the process, the volume was very satisfactory
But the movement was urgent so it has entered overbought area in RSI
Therefore, retracement of pumping will be inevitable and will begin shortly
It`ll break down the short term down trending line and make a double top with a head for $11400 while the retracement
If it can`t support the pattern, it`ll go down to $10060
When it touches the prcie, it`ll reach EMA20 and MA arround
Then it will be able to rebound there and rise to $12000
It came up much steeper and faster than expected
In the process, the volume was very satisfactory
But the movement was urgent so it has entered overbought area in RSI
Therefore, retracement of pumping will be inevitable and will begin shortly
It`ll break down the short term down trending line and make a double top with a head for $11400 while the retracement
If it can`t support the pattern, it`ll go down to $10060
When it touches the prcie, it`ll reach EMA20 and MA arround
Then it will be able to rebound there and rise to $12000
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